Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
1142317 | Operations Research Letters | 2013 | 6 Pages |
Abstract
The crucial assumption in extreme shock models is that the survival/failure probability of system does not depend on the corresponding histories of the shock process and the system operation. By weakening this restrictive assumption, more 'realistic' and 'useful' models that describe various cumulative effects can be developed. However, a careful probabilistic reasoning should be employed for performing this operation. By considering the histories of the processes involved, we suggest a new theoretical insight for shock modeling and analysis.
Related Topics
Physical Sciences and Engineering
Mathematics
Discrete Mathematics and Combinatorics
Authors
Ji Hwan Cha, Maxim Finkelstein,