English
Related papers

Related papers: Modelling failure risks in load sharing systems wi…

200 papers

We introduce a class of dependence structures, that we call the Multiple Risk Factor (MRF) dependence structures. On the one hand, the new constructions extend the popular CreditRisk+ approach, and as such they formally describe default…

Risk Management · Quantitative Finance 2016-07-19 Jianxi Su , Edward Furman

Service systems often face task-server assignment-constraints due to skill-based routing or geographical conditions. Redundancy scheduling responds to this limited flexibility by replicating tasks to specific servers in agreement with these…

Probability · Mathematics 2022-08-17 Ellen Cardinaels , Sem Borst , Johan S. H. van Leeuwaarden

Quite often, we observe reliability data with two failure modes that may influence each other, resulting in a setting of dependent failure modes. Here, we discuss modelling of censored reliability data with two dependent failure modes by…

Methodology · Statistics 2024-06-07 Aakash Agrawal , Debanjan Mitra , Ayon Ganguly

Interval-censored competing risks data arise when each study subject may experience an event or failure from one of several causes and the failure time is not observed exactly but rather known to lie in an interval between two successive…

Methodology · Statistics 2016-03-02 Lu Mao , D. Y. Lin , Donglin Zeng

Cascading failure models are typically used to capture the phenomenon where failures possibly trigger further failures in succession, causing knock-on effects. In many networks this ultimately leads to a disintegrated network where the…

Physics and Society · Physics 2017-11-15 Fiona Sloothaak , Sem C. Borst , Bert Zwart

Electronic devices exhibit changes in electrical resistance over time at varying rates, depending on the configuration of certain components. Since measuring overall electrical resistance requires partial disassembly, only a limited number…

Applications · Statistics 2025-06-24 Federico Mattia Stefanini , Nedka Dechkova Nikiforova , Rossella Berni

We propose a functional accelerated failure time model to characterize effects of both functional and scalar covariates on the time to event of interest, and provide regularity conditions to guarantee model identifiability. For efficient…

Methodology · Statistics 2024-02-09 Changyu Liu , Wen Su , Kin-Yat Liu , Guosheng Yin , Xingqiu Zhao

In this paper, we model dependence between operational risks by allowing risk profiles to evolve stochastically in time and to be dependent. This allows for a flexible correlation structure where the dependence between frequencies of…

Risk Management · Quantitative Finance 2009-07-31 Gareth W. Peters , Pavel V. Shevchenko , Mario V. Wüthrich

The modeling of cascading failure in power systems is difficult because of the many different mechanisms involved; no single model captures all of these mechanisms. Understanding the relative importance of these different mechanisms is an…

Physics and Society · Physics 2016-11-17 Jiajia Song , Eduardo Cotilla-Sanchez , Goodarz Ghanavati , Paul D. H. Hines

This paper is concerned with the study of scalability in nonlinear heterogeneous networks affected by communication delays and disturbances. After formalizing the notion of scalability, we give two sufficient conditions to assess this…

Systems and Control · Electrical Eng. & Systems 2022-07-15 Shihao Xie , Giovanni Russo , Richard Middleton

Modern hardware environments are becoming increasingly heterogeneous, leading to the emergence of applications specifically designed to exploit this heterogeneity. Efficiently adopting locks in these applications poses distinct challenges.…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-08-12 Hanze Zhang , Rong Chen , Haibo Chen

In this paper we present a new simulation model designed to evaluate the dependability in distributed systems. This model extends the MONARC simulation model with new capabilities for capturing reliability, safety, availability, security,…

Distributed, Parallel, and Cluster Computing · Computer Science 2012-02-14 Ciprian Dobre , Florin Pop , Valentin Cristea

Cascading failure of a power transmission system are initiated by an exogenous event that disable a set of elements (e.g., lines) followed by a sequence of interrelated failures (or more precisely, trips) of overloaded elements caused by…

Optimization and Control · Mathematics 2015-07-21 Daniel Bienstock , Guy Grebla

This article analyzes the problem of estimating the time until an event occurs, also known as survival modeling. We observe through substantial experiments on large real-world datasets and use-cases that populations are largely…

Machine Learning · Computer Science 2019-05-13 David Hubbard , Benoit Rostykus , Yves Raimond , Tony Jebara

Most existing research about complex systems maintenance assumes they consist of the same type of components. However, systems can be assembled with heterogeneous components (for example degrading and non-degrading components) that require…

Systems and Control · Electrical Eng. & Systems 2024-09-21 Lucía Bautista , Inma T. Castro , Luis Landesa

We present a general prediction scheme of failure times based on updating continuously with time the probability for failure of the global system, conditioned on the information revealed on the pre-existing idiosyncratic realization of the…

Materials Science · Physics 2009-11-11 D. Sornette , J. V. Andersen

The aim of this paper is to quantify and manage systemic risk caused by default contagion in the interbank market. We model the market as a random directed network, where the vertices represent financial institutions and the weighted edges…

Risk Management · Quantitative Finance 2021-01-18 Nils Detering , Thilo Meyer-Brandis , Konstantinos Panagiotou , Daniel Ritter

Several networks occurring in real life have modular structures that are arranged in an hierarchical fashion. In this paper, we have proposed a model for such networks, using a stochastic generation method. Using this model we show that,…

Physics and Society · Physics 2009-03-12 Raj Kumar Pan , Sitabhra Sinha

Modern production systems are increasingly defined by dense networks of multi-tier sourcing dependencies, where localized upstream disruptions can cascade into system-wide collapses. While supply chain resilience has garnered significant…

Social and Information Networks · Computer Science 2026-04-20 Marios Papachristou , M. Amin Rahimian , Arash Azadegan

Since several years, the fragility of global supply chains (GSCs) is at historically high levels. In the same time, the landscape of hybrid threats is expanding; new forms of hybrid threats create different types of uncertainties. This…

General Economics · Economics 2022-12-22 d'Artis Kancs