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CHARACTERISATIONS OF SOME INCOME DISTRIBUTIONS BASED ON MULTIPLICATIVE DAMAGE MODELS |
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| Authors: | EB Fosam T Sapatinas |
| Institution: | Sheffield Hallam University and Exeter University |
| Abstract: | This paper characterises the Pareto and scaled beta distributions within the context of multiplicative damage and generating models. The results obtained allow the destructive or generating mechanism to have more general distributions on (0,1) than the beta(e, l) distribution considered by several authors, thus generalising some recent results. Errors in earlier work are mentioned. |
| Keywords: | Damage model generating model regression function Pareto beta and log-gamma distributions |