Qualitative Properties of Profit-Making k-out-of-n Systems Subject to two Kinds of Failures

IEEE Transactions on Reliability

Volumn 37, Issue 5, 1988, Pages 515-520

  Stiglitz, Joseph E ^b  

^a YALE UNIVERSITY   (United States)

^b PRINCETON UNIVERSITY   (United States)

Author keywords

Dif ; ferent costs of different failures; k out of n system; perties of optimal k; Pro ; Profit maximizing system; Two failure modes

Indexed keywords

ECONOMICS; FAILURE ANALYSIS; OPTIMIZATION; PROBABILITY; SYSTEMS ANALYSIS;

COMPONENT FAILURE PROBABILITIES; CONSECUTIVE SYSTEM RELIABILITY; PROFIT MAKING K OUT OF N SYSTEMS; PROFIT MAXIMIZING SYSTEMS; TWO FAILURE MODES;

RELIABILITY THEORY;

EID: 0024177968     PISSN: 00189529     EISSN: 15581721     Source Type: Journal    
DOI: 10.1109/24.9874     Document Type: Article

References (5)

1. J. Ansell, A. Bendell, “On the optimality of k-out-of-n systems”, IEEE Trans. Reliability, vol R-31, 1982 Jun, pp 206-210.
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3. M. J. Phillips, “k-out-of-n:G systems are preferable”, IEEE Trans. Reliability, vol R-29, 1980 Jun, pp 166-169.
4. R. K. Sah, J. E. Stiglitz, “The Architecture of Economic Systems: Hierarchies and Polyarchies”, American Economic Review, vol 76, 1986 Sep, pp 716-727.
5. R. K. Sah, J. E. Stiglitz, Human Fallibility and Economic Organizations, forthcoming, MIT Press, 1988.