A note on probability distributions with increasing generalized failure rates

Martin A. Lariviere*

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

201 Scopus citations

Abstract

Distributions with an increasing generalized failure rate (IGFR) have useful applications in pricing and supply chain contracting problems. We provide alternative characterizations of the IGFR property that lead to simplify verifying whether the IGFR condition holds. We also relate the limit of the generalized failure rate and the moments of a distribution.

Original languageEnglish (US)
Pages (from-to)602-604
Number of pages3
JournalOperations Research
Volume54
Issue number3
DOIs
StatePublished - May 2006

Keywords

  • Probability distributions

ASJC Scopus subject areas

  • Computer Science Applications
  • Management Science and Operations Research

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