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Some Stochastic Orders over an Interval with Applications
- Source :
- Risks, Vol 11, Iss 9, p 161 (2023)
- Publication Year :
- 2023
- Publisher :
- MDPI AG, 2023.
-
Abstract
- In this article, we study stochastic orders over an interval. Mainly, we focus on orders related to the Laplace transform. The results are then applied to obtain a bound for heavy-tailed distributions and are illustrated by some examples. We also indicate how these ordering relationships can be adapted to the classical risk model in order to derive a moment bound for ruin probability. Finally, we compare it with other existing bounds.
Details
- Language :
- English
- ISSN :
- 22279091
- Volume :
- 11
- Issue :
- 9
- Database :
- Directory of Open Access Journals
- Journal :
- Risks
- Publication Type :
- Academic Journal
- Accession number :
- edsdoj.8adfff58ca464cedaaddc906148a3bac
- Document Type :
- article
- Full Text :
- https://doi.org/10.3390/risks11090161