Preservation of weak stochastic arrangement increasing under fixed time left-censoring

Chen Li, Xiaohu Li

Research output: Contribution to journalArticlepeer-review

3 Scopus citations

Abstract

Both WSAI and CLOAI properties of a random vector are proved to be preserved under left-censoring at fixed times. Applications in threshold default model of financial portfolio selection and system warranty cost allocation are presented as well.

Original languageEnglish
Pages (from-to)42-49
Number of pages8
JournalStatistics and Probability Letters
Volume129
DOIs
StatePublished - Oct 2017

Keywords

  • Asset allocation
  • Cost allocation
  • Stochastic arrangement increasing
  • Warranty

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