Subjective Probability Models for Lifetimes

ISBN-13: 9780367397173 / Angielski / Miękka / 2019 / 272 str.

Fabio Spizzichino

Opis

Bayesian methods in reliability cannot be fully utilized without understanding the essential differences that exist between frequentist probability and subjective probability. Switching from the frequentist to the subjective approach requires that some fundamental concepts be re-thought. This text details those differences and clarifies aspects of subjective probability that have a direct influence on modeling and drawing inference from failure and survival data. In particular, within a framework of Bayesian theory, the author considers the effects of different levels of information in the analysis of the phenomena of positive and negative aging.

Spis treści

Exchangeability and Subjective Probability. Exchangeable lifetimes. Some Concepts of Dependence and Aging. Bayesian Properties of Aging. Bayesian Decisions, Orderings, and Majorization.

O autorze

Spizzichino, Fabio