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Performance of complex systems in the environment of a random number of competing catastrophic risks

Performance of complex systems in the environment of a random number of competing catastrophic risks This paper makes use of the minimum of a random number of non-negative random variables and a non-negative random variable for formulating a stochastic multiplicative model. Sufficient conditions for evaluating the distribution function of the model are also established. Moreover, the paper provides applications of the formulated model in investigating the performance of a complex system in the environment of a random number of competing and catastrophic risks. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png International Journal of Applied Systemic Studies Inderscience Publishers

Performance of complex systems in the environment of a random number of competing catastrophic risks

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Publisher
Inderscience Publishers
Copyright
Copyright © Inderscience Enterprises Ltd. All rights reserved
ISSN
1751-0589
eISSN
1751-0597
DOI
10.1504/IJASS.2009.027662
Publisher site
See Article on Publisher Site

Abstract

This paper makes use of the minimum of a random number of non-negative random variables and a non-negative random variable for formulating a stochastic multiplicative model. Sufficient conditions for evaluating the distribution function of the model are also established. Moreover, the paper provides applications of the formulated model in investigating the performance of a complex system in the environment of a random number of competing and catastrophic risks.

Journal

International Journal of Applied Systemic StudiesInderscience Publishers

Published: Jan 1, 2009

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