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An optimal stopping time for a power law process

 

作者: Nader Ebrahimi,  

 

期刊: Sequential Analysis  (Taylor Available online 1992)
卷期: Volume 11, issue 3  

页码: 213-227

 

ISSN:0747-4946

 

年代: 1992

 

DOI:10.1080/07474949208836255

 

出版商: Marcel Dekker, Inc.

 

关键词: Non-homogeneous Poisson process;Power Law process;Loss function;Bayes estimate

 

数据来源: Taylor

 

摘要:

Exact reliability analysis for complex repairable systems are usually difficult because of the complicated failure process that can result from repair policy. A common approach in practice is to use a simplified process such as the Power Law process which, although not exact, yields useful practical results. In this paper we consider the problem of determining a stopping time when estimating parameters of a Power Law process. The Bayes method is used in order to obtain an optimal time.

 

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