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On history-dependent shock models

Title
On history-dependent shock models
Authors
Cha J.H.Finkelstein M.
Ewha Authors
차지환
SCOPUS Author ID
차지환scopus
Issue Date
2013
Journal Title
Operations Research Letters
ISSN
0167-6377JCR Link
Citation
vol. 41, no. 3, pp. 232 - 237
Indexed
SCI; SCIE; SCOPUS WOS scopus
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. © 2013 Elsevier B.V. All rights reserved.
DOI
10.1016/j.orl.2013.01.012
Appears in Collections:
자연과학대학 > 통계학전공 > Journal papers
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