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

by Vladimir V. Kalashnikov

2021-01-08 04:51:11

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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 t... Read more
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. Less

Book Details

File size9.21 X 6.14 X 0 in
Print pages287
PublisherSpringer Netherlands
Publication date June 30, 1997
LanguageEnglish
ISBN9780792346166
autor-image
Vladimir V. Kalashnikov
Author
...

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