English

Generalization of the pairwise stochastic precedence order to the sequence of random variables

Applications 2018-12-11 v1 Probability

Abstract

We discuss a new stochastic ordering for the sequence of independent random variables. It generalizes the stochastic precedence order that is defined for two random variables to the case n>2n>2. All conventional stochastic orders are transitive, whereas the stochastic precedence order is not. Therefore, a new approach to compare the sequence of random variables had to be developed that resulted in the notion of the sequential precedence order. A sufficient condition for this order is derived and some examples are considered.

Keywords

Cite

@article{arxiv.1812.03311,
  title  = {Generalization of the pairwise stochastic precedence order to the sequence of random variables},
  author = {Maxim Finkelstein and Nil Kamal Hazra},
  journal= {arXiv preprint arXiv:1812.03311},
  year   = {2018}
}