Reliability has been largely applied to industrial systems in order to study the various possibilities of systems’ failure. The goal is to establish the chain of events leading to any system’s failure, namely the top event. Looking for the minimal paths leading to any system’s fault allows...

Sharpe ratio has been widely used in the portfolio management industry as well as fund industry (Robertson, 2001; Scholz and Wilkens, 2005). Users often forget the main core assumption describing the appropriateness of such risk-adjusted performance measure, namely asset return normality. This...

Reliability has been largely applied to industrial systems in order to study the various possibilities of systems' failure. It targets the chain of events leading to any system's failure, namely the top event. Looking for the minimal paths yielding any system's fault allows for a better control...