Reliability and Decision Making

Content: 
Front Matter....Pages i-xvi
Decision Making: Drawbacks of the Classical Statistics Approach....Pages 1-12
The Likelihood Principle in Reliability Analysis....Pages 13-29
Dutch Books, the Jeffreys—Savage Theory of Hypothesis Testing and Bayesian Reliability....Pages 31-85
Influence Diagrams and Decision Modelling....Pages 87-99
Concepts of Optimality in Stochastic Control....Pages 101-114
Information and Reliability: A Bayesian Perspective....Pages 115-135
Multivariate Conditional Hazard Rate and Mean Residual Life Functions and Their Applications....Pages 137-155
Point Processes and Some Application in Reliability Theory....Pages 157-187
A Unifying Model for the Optimal Design of Life-testing and Burn-in....Pages 189-210
On Stochastic Control Concepts for Sequential Burn-in Procedures....Pages 211-232
Similarity as a Probabilistic Characteristic of Aging....Pages 233-245
Shannon Information and Bayesian Design for Prediction in Accelerated Life-testing....Pages 247-256
The Bayesian Approach to Quality....Pages 257-266
Design by Decision Theory: A Unifying Perspective on Taguchi’s Approach to Quality Engineering....Pages 267-272
Some Aspects of Change-Point Problems....Pages 273-285
Modelling Dependence in Coherent Systems....Pages 287-299
Conservative Bayesian Interval Estimation of System Reliability....Pages 301-309
The Interpretation of Probability, De Finetti’s Representation Theorem, and their Implications to the Use of Expert Opinions in Safety Assessment....Pages 311-322
Making Decision via PRA: The Frequentist vs the Bayesian Approach....Pages 323-345
Using Expert Opinions in Bayesian Estimation of System Reliability....Pages 347-362
Back Matter....Pages 363-370