Showing 1 - 10 of 27
The main aim of this paper is to measure the social welfare loss for a continuous moral hazard model when a set of minimal assumptions are fulfilled. By using a new approach, we are able to reproduce the results of Balmaceda, Balseiro, Correa, and Stier-Moses (2010) pertaining to the social...
Persistent link: https://www.econbiz.de/10011264306
performance in reliability engineering and system security. In this paper, we consider the problems of optimal allocation of both …
Persistent link: https://www.econbiz.de/10010597653
Based on the concept of sparse connection, three start-up demonstration tests with sparse connection are introduced …-up demonstration tests such as CSTF, TSCF and CSCF are special cases of these new tests. Furthermore, the new tests exhibit obvious … are given for these new start-up demonstration tests based on the assumption that the tests are i.i.d. case. The analyses …
Persistent link: https://www.econbiz.de/10011209340
-based contracts. She detects that a critical reparable component in her systems has a poor reliability performance. She decides to … improve its reliability by a redesign of that component and an upgrade of the systems by replacing the old components with the … policies is the best one and we show how this depends on the lifetime of the systems, the reliability of the old components …
Persistent link: https://www.econbiz.de/10011264303
also given. Some main reliability measures, such as the availability, failure frequency, and the reliability function of …
Persistent link: https://www.econbiz.de/10010753494
Supplier reliability is a key determinant of a manufacturer’s competitiveness. It reflects a supplier’s capability of … suppliers improve delivery reliability. Suppliers, however, often work with multiple manufacturers and the benefit of enhanced … reliability may spill over to competing manufacturers. In this study, we explore how potential spillover influences manufacturers …
Persistent link: https://www.econbiz.de/10010871088
transportation. Existing traffic assignment approaches do not properly account for passenger’s expectation for transfer reliability …. In this study, the transfer reliability is explicitly defined and a multi-class user equilibrium model is established …, given which passengers choose the minimal-cost path based on their expected reliability thresholds. In particular, a path …
Persistent link: https://www.econbiz.de/10010871131
dynamic reliability of the network under the assumption that the links are subject to failure according to a nonhomogeneous … Poisson process. Several mixture representations are provided for the reliability function of residual lifetime of used … residual reliability of operating networks in terms of the reliability functions of residual lifetimes of upper record values …
Persistent link: https://www.econbiz.de/10010738157
An n-unit system provisioned with a single warm standby is investigated. The individual units are subject to repairable failures, while the entire system is subject to a nonrepairable failure at some finite but random time in the future. System performance measures for systems observed over a...
Persistent link: https://www.econbiz.de/10010744213
Manufacturers supplying products under warranty need a strategy to deal with failures during the warranty period: repair the product or replace it by a new one, depending on e.g. age and/or usage of the failed product. An (implicit) assumption in virtually all models is that new products to...
Persistent link: https://www.econbiz.de/10010588360