Bivariate Continuous Distributions with Specified Conditional Hazard Functions

In this article, we describe the construction of a bivariate continuous distribution based on the specification of conditional hazard functions. We present a functional equation whose solution determines the underlying bivariate distribution. Through this approach, for example, we present a characterization of the bivariate exponential distribution of Arnold and Strauss (1988) in that it is the only bivariate continuous distribution having both …