Abstract
L-moments are expectations of linear combinations of order statistics, their use in reliability analysis has been established. In the present paper we study L-moments in relation to income inequality measures. Models characterized by functional relationships between L-moments and income inequality measures are studied. Finally, we define the ordering based on L-moments and study its implications on other existing orderings.
The authors are thankful to the referees for their valuable comments which have helped to improve the paper considerably.
Received: 2014-4-28
Revised: 2014-10-19
Accepted: 2014-11-1
Published Online: 2015-11-4
Published in Print: 2015-12-1
© 2015 by De Gruyter
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Articles in the same Issue
- Frontmatter
- Likelihood Inference for the Lifetime Performance Index under Progressive Type-II Censoring
- On Inferring Income Inequality Measures Using L-moments
- Negative Binomial Marshall–Olkin Rayleigh Distribution and Its Applications
- On Valid Signals in Joint Schemes for the Process Mean and Variance
- A Note on the Beta Distribution of Lot Percent Defective
Keywords for this article
Ageing;
L-moments;
Inequality Measures;
Stochastic Ordering
Articles in the same Issue
- Frontmatter
- Likelihood Inference for the Lifetime Performance Index under Progressive Type-II Censoring
- On Inferring Income Inequality Measures Using L-moments
- Negative Binomial Marshall–Olkin Rayleigh Distribution and Its Applications
- On Valid Signals in Joint Schemes for the Process Mean and Variance
- A Note on the Beta Distribution of Lot Percent Defective