1
Master's student, Department of Statistics, University of Isfahan
2
Assistant Professor, Department of Statistics, University of Isfahan
Abstract
Equilibrium distributions are widely used in reliability theory, random sequences, and stochastic processes. In this article, we introduce the concept of equilibrium distributions and state their important properties. We also present some results related to this topic based on ordinal statistics. In this article, the specification of the generalized Pareto distribution is also examined and some relations between equilibrium and basic distributions are mentioned.
