Probability Models Generated via Line Integral and Joint Life Insurance Application

Abstract

. We construct via line integral and characterize a class of bivariate continuous distributions with a multiplicative representation of the sum of hazard gradient components. The corresponding joint survival function is a solution of functional equation allowing to generate new members of the class. We apply a particular member to (cid:28)t a big Canadian joint life insurance data set improving the inference and conclusions made by of another authors.