ENGLISH

Geometric Sums: Bounds for Rare Events with Applications: Risk Analysis, Reliability, Queueing

By Vladimir Kalashnikov (auth.)

Book information

Publisher
Springer Netherlands
Year
1997
ISBN
978-90-481-4868-4, 978-94-017-1693-2
DOI
10.1007/978-94-017-1693-2
Language
english
Format
PDF
Filesize
10 MB (10740901 bytes)
Series
Mathematics and Its Applications 413
Edition
1
Pages
270\284
Orientation
yes
Scanned
yes
Time added
2013-08-01 04:00:00
Control; Mathematical Modeling and Industrial MathProbability Theory and Stochastic Processes; QualiReliabilitySafety and Risk; Systems Theory

Description

This book reviews problems associated with rare events arising in a wide range of circumstances, treating such topics as how to evaluate the probability an insurance company will be bankrupted, the lifetime of a redundant system, and the waiting time in a queue. Well-grounded, unique mathematical evaluation methods of basic probability characteristics concerned with rare events are presented, which can be employed in real applications, as the volume also contains relevant numerical and Monte Carlo methods. The various examples, tables, figures and algorithms will also be appreciated. Audience: This work will be useful to graduate students, researchers and specialists interested in applied probability, simulation and operations research.

Similar books