Social Sciences
8 years ago

New ageing distributions reveal surprising impact on life expectancy calculations.

RePEc: Research Papers in Economics
A new class of ageing distributions
Martin Riese

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A new type of ageing distributions called NWUEA/NBUEA has been introduced. These distributions are based on the idea that the average remaining lifespan at any age should be greater/smaller than the overall life expectancy. The NWUEA class shows a property where it dominates other distributions in terms of expected outcomes. This means that it offers a better/worse overall experience in terms of life expectancy compared to existing distributions.