Moment Distributions of Phase Type
Publication: Research - peer-review › Journal article – Annual report year: 2011
Moment distributions of phase-type and matrix-exponential distributions are shown to
remain within their respective classes. We provide a probabilistic phase-type representation for
the former case and an alternative representation, with an analytically appealing form, for
the latter. First order moment distributions are of special interest in areas like demography and
economics, and we calculate explicit formulas for the Lorenz curve and Gini index used in
these disciplines.
| Original language | English |
|---|---|
| Journal | Stochastic Models |
| Publication date | 2011 |
| Volume | 27 |
| Journal number | 4 |
| Pages | 651 |
| ISSN | 1532-6349 |
| DOIs | |
| State | Published |
| Citations | Web of Science® Times Cited: 0 |
|---|
Keywords
- Gini index, Matrix-exponential distributions, Size-biasing, Lorenz curve, Waiting time paradox, Phase-type distributions, Moment distribution
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