Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
9552927 | Insurance: Mathematics and Economics | 2005 | 7 Pages |
Abstract
In some recent papers, the authors considered a function B that describes the level curves of an exchangeable bivariate survival function F¯. The function B permits the analysis of several “multivariate aging properties” of F¯. In this paper, the authors consider survival models characterized by the condition that B is a Clayton copula and analyze a related invariance property. This property concerns the family of level curves of the joint survival function of residual lifetimes, when “ages” are increasing.
Related Topics
Physical Sciences and Engineering
Mathematics
Statistics and Probability
Authors
Bruno Bassan, Fabio Spizzichino,