Cumulative Shock Models

We show that a theory for stopped two-dimensional random walks is well suited to describe cumulative shock models. Limit theorems for the lifetime/failure time of a system are provided.

Bibliographische Detailangaben
Veröffentlicht in:Advances in Applied Probability. - Applied Probability Trust. - 22(1990), 2, Seite 504-507
1. Verfasser: Gut, Allan (VerfasserIn)
Format: Online-Aufsatz
Sprache:English
Veröffentlicht: 1990
Zugriff auf das übergeordnete Werk:Advances in Applied Probability
Schlagworte:Shock Intershock time Stopped random walk Renewal theory First-passage times Strong law Central limit theorem Law of the iterated logarithm Moment convergence Insurance risk theory mehr... Mathematics Applied sciences Economics Physical sciences
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