Some Applications of a Result Concerning Variability Orderings.
Abstract
We say that the random variable X is more variable than Y if E(f(X)) greater than or equal to E(f(Y)) for all increasing convex functions f. We prove a preservation, under random sized sums, property of this ordering and then apply it to branching processes and shock models.
Document Details
- Document Type
- Technical Report
- Publication Date
- Jun 01, 1981
- Accession Number
- ADA101636
Entities
People
- Sheldon M. Ross
Organizations
- University of California, Berkeley