In this article we estimate the hazard function (takeover probabilities) for firms that are targets in unsolicited tender offers. The data support a Weibull-gamma specification and imply a hazard rate ...
Journal of Applied Probability, Vol. 42, No. 3 (Sep., 2005), pp. 892-901 (10 pages) In this article, we consider the limit behavior of the hazard rate function of mixture distributions, assuming ...