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In this paper we investigate dependence properties and comparison results for multidimensional Lévy processes. In particular we address the questions, whether or not dependence properties and orderings of the copulas of the distributions of a Lévy process can be characterized by corresponding...
Persistent link: https://www.econbiz.de/10010999766
This paper is concerned with opportunistic maintenance on a multi-component cumulative damage shock model with stochastically dependent components. A component fails when its cumulative damage exceeds a given threshold, and any such a failure creates a maintenance opportunity, and triggers a...
Persistent link: https://www.econbiz.de/10010949957