A new class of distributions based on Hurwitz zeta function with applications for risk management

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Abstract

This paper constructs a new family of distributions, which is based on the Hurwitz zeta function, which includes novel distributions as well important known distributions such as the normal, gamma, Weibull, Maxwell-Boltzmann and the exponential power distributions. We provide the n-th moment, the Esscher transform and premium and the tail conditional moments for this family.
Original languageEnglish
JournalThe Open Statistics & Probability Journal
Volume7
DOIs
StatePublished - 2016

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