Shocks, runs and random sums
Abstract
In this paper we study random variables related to a shock reliability model. Our models can be used to study systems that fail when k consecutive shocks with critical magnitude (e.g. above or below a certain critical level) occur. We obtain properties of the distribution function of the random variables involved and we obtain their limit behaviour when k tends to infinity or when the probability of entering a critical set tends to zero. This model generalises the Poisson shock model.
Permanent link to this document: http://projecteuclid.org/euclid.jap/996986754
Digital Object Identifier: doi:10.1239/jap/996986754
Mathematical Reviews number (MathSciNet): MR1834752
Zentralblatt MATH identifier: 0987.60028
Journal of Applied Probability