Bivariate extension of Lomax and finite range distributions through characterization approach
For a stochastic description of the life of a decreasing failure rate (DFR) component or a system the Lomax distribution with survival function \(S(x)= (1+x/a)^{-q}\), \(a>0\), \(q>0\) has been widely used by practitioners. A multivariate generalization of the Lomax distribution has been proposed by \textit{D. V. Lindley} and \textit{N. D. Singpurwalla} [J. Appl. Probab. 23, 418-431 (1986; Zbl 0603.60084)]. It has a built-in structure of dependency. As a result, for no choice of the parameters can one obtain the situation where component lives are independently distributed. In fact, in this model, there is no scope of examining the hypothesis that the component lives are independent. This is a major limitation when used for stochastic modelling. \textit{B. C. Arnold} [J. Stat. Plann. Inference 24, No. 2, 249-258 (1990; Zbl 0731.62099)] has used multivariate geometric minima of univariate Pareto random variables to generate a standard multivariate Pareto distribution and proposed therefrom a flexible family of multivariate Pareto distributions. Arnold has also examined related properties and estimation issues of his class in two dimensional case. Our problem then arises in selecting a particular model from amongst the members of Arnold's flexible class so that the chosen model can retain interrelationships with a bivariate exponential and a bivariate FR distribution. To solve this problem we consider a bivariate generalization of a univariate characterizing property that links up Lomax distribution with exponential and FR distributions. We next try to identify the bivariate Lomax distribution for which this generalization is a unique property. The characterization result we present also provides answers to the problem of bivariate generalizations of the exponential and the FR distributions. The bivariate Lomax distribution thus obtained is a particular member of the Arnold class with suitable reparametrization. A bivariate exponential distribution due to \textit{E. J. Gumbel} [J. Am. Stat. Assoc. 55, 698-707 (1960; Zbl 0099.14501)] happens to be identical with what we have obtained here. We also examine the suitability of our proposed distributions in respect of other properties including constant memory.
- A characterization of Gumbel's bivariate exponential and lindley and Singpurwalla's bivariate lomax distributions
- A Characterization of Lindley and Singpurwalla's Bivariate Lomax Distribution
- Characterizations of Bivariate Lomax and Finite Range Distributions
- Multivariate Lomax distribution: properties and usefulness in reliability theory
- Some Characterizations of a Multivariate Lomax Distribution Within the Class of Generalised Mixtures of Exponential Distributions
- Some general characterizations of the bivariate Gumbel distribution and the bivariate Lomax distribution based on truncated expectations
- On some association measures in bivariate distributions and their relationships
- Residual coefficient of variation and some characterization results
- An extended Lomax distribution
- A class of improved estimators for the scale parameter of a mixture model of exponential distribution with unknown location
- Generalized fiducial inference for the Lomax distribution
- A Characterization of Lindley and Singpurwalla's Bivariate Lomax Distribution
- Some multivariate lifetime distributions
- Characterizations of Bivariate Lomax and Finite Range Distributions
- Some Characterizations of a Multivariate Lomax Distribution Within the Class of Generalised Mixtures of Exponential Distributions
- Bivariate equilibrium distribution and its applications to reliability
- Multivariate Lomax distribution: properties and usefulness in reliability theory
- Stability of the characterization results in terms of hazard rate and mean residual life for the univariate and bivariate setups
- A law of uniform seniority for dependent lives
- On a Bivariate Lack of Memory Property Under Binary Associative Operation
- On higher-degree bivariate stop-loss transforms, with applications
- Some characterizations of multivariate distributions using products of the hazard gradient and mean residual life components
- Bayesian analysis for the Lomax model using noninformative priors
- Characteristic properties of multivariate survival functions in terms of residual life distribu\-tions.
- Bayesian analysis for the Shannon entropy of the Lomax distribution using noninformative priors
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