Nie, Cong; Liu, Xiaoming; Provost, Serge B. - In: Risks : open access journal 12 (2024) 2, pp. 1-26
The phase-type aging model (PTAM) is a class of Coxian-type Markovian models that can provide a quantitative description of the effects of various aging characteristics. Owing to the unique structure of the PTAM, parametric inference on the model is affected by a significant estimability issue,...