Franco Pereira, Alba MaríaLillo Rodríguez, Rosa ElviraRomo, JuanShaked, MosheUniversidad Carlos III de Madrid. Departamento de Estadística2008-12-042008-12-042008-11https://hdl.handle.net/10016/3244In this paper we study a family of stochastic orders of random variables defined via the comparison of their percentile residual life functions. Some interpretations of these stochastic orders are given, and various properties of them are derived. The relationships to other stochastic orders are also studied. Finally, some applications in reliability theory and finance are described.application/pdfengAtribución-NoComercial-SinDerivadas 3.0 EspañaMean residual life functionHazard rate orderReversed hazard rate orderMixturesLehmann's alternativeProportional hazardsImperfect repairReliability theoryValue at riskDeductibleworking paperEstadísticaopen accessws086422