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| Volume 4, No. 3,
December
2005
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Estimating
Function Approach to a Time-Dependent Recovery Model for Survival
Rates in a Business District |
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Yunn-Kuang Chu |
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Department of
Statistics, National Taichung Institute of Technology, Taiwan |
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Jeryan Lin |
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Department of
Statistics, Feng Chia University, Taiwan |
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| Abstract |
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Burnham and
Rexstad (1993) presented a band recovery model that incorporates
time-dependent recovery rates and survival rates. In this paper, an
estimating function approach is proposed to derive estimators of
recovery rates and survival rates. Explicit expressions are given
for the derived estimators and their associated asymptotic
variances. Examples, including a case for the survival of stalls in
the Feng Chia University business district night market, are used to
demonstrate the proposed estimating function approach. |
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Key words:
band recovery model; survival rate;
stall; business district |
| JEL
classification:
C13; M31 |
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