System characteristics of a two-unit repairable system are studied from a Bayesian viewpoint with different types of priors assumed for unknown parameters, in which the coverage factor for an operating unit failure is possibly considered. Time to failure and time to repair of the operating units...

This study statistically examines an availability system with reboot delay, standby switching failures and an unreliable repair facility, which consists of two active components and one warm standby. The time-to-failure and the reboot time are assumed to be exponentially distributed. The repair...

This study proposes a wavelet-based multi-resolution BEKK-GARCH model to investigate spillover effects across financial markets. Compared with traditional multivariate GARCH analysis, the proposed model can identify or decompose cross-market spillovers on multiple resolutions. Taking two highly...