Extropy: Characterizations and dynamic versions

Abstract Several information measures have been proposed and studied in the literature. One such measure is extropy, a complementary dual function of entropy. Its meaning and related aging notions have not yet been studied in great detail. In this paper, we first illustrate that extropy information ranks the uniformity of a wide array of absolutely continuous families. We then discuss several theoretical merits of extropy. We also provide a closed-form expression of it for finite mixture distributions. Finally, the dynamic versions of extropy are also discussed, specifically the residual extropy and past extropy measures.