Journal article
On the Lorenz ordering of order statistics from exponential populations and some applications
Abstract
In this paper, the variability of order statistics from heterogeneous random samples is studied. It is shown that, without any restriction on the parameters, the variability of order statistics from heterogeneous exponential samples is always larger than that from homogeneous exponential samples in the sense of Lorenz ordering. Finally, some applications to reliability analysis and auction theory are pointed out.
Authors
Da G; Xu M; Balakrishnan N
Journal
Journal of Multivariate Analysis, Vol. 127, , pp. 88–97
Publisher
Elsevier
Publication Date
May 2014
DOI
10.1016/j.jmva.2014.02.005
ISSN
0047-259X