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A note on the sequence of expected extremes

โœ Scribed by Slawomir Kolodynski


Publisher
Elsevier Science
Year
2000
Tongue
English
Weight
70 KB
Volume
47
Category
Article
ISSN
0167-7152

No coin nor oath required. For personal study only.

โœฆ Synopsis


Necessary and su cient conditions for a sequence to be an expectation sequence of maximal (or minimal) order statistics are obtained. Applications to the study of convergence in distribution are given.


๐Ÿ“œ SIMILAR VOLUMES


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โœ Xiaohu Li ๐Ÿ“‚ Article ๐Ÿ“… 2005 ๐Ÿ› Elsevier Science ๐ŸŒ English โš– 148 KB

The expected rent in a reverse (buyer's) auction is shown to be monotonically nonincreasing in the number of bidders if the distribution of valuations is DRHR (IFR). Conditions under which an increase in the spread of bids results in an increase in the expected rent are established as well.