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Richard E. Kihlstrom, Leonard J. Mirman, Constant, Increasing and Decreasing Risk Aversion with Many Commodities, The Review of Economic Studies, Vol. 48, No. 2 (Apr ...
The distribution can describe increasing (I), decreasing (D), constant and bathtub-shaped (B) failure rates. This motivates the working name, IDB distribution. The IDB distribution is motivated by ...
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