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Decision-theoretic reliability sensitivity

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  • Straub, Daniel
  • Ehre, Max
  • Papaioannou, Iason

Abstract

We propose and discuss sensitivity metrics for reliability analysis, which are based on the value of information. These metrics are easier to interpret than other existing sensitivity metrics in the context of a specific decision and they are applicable to any type of reliability assessment, including those with dependent inputs. We develop computational strategies that enable efficient evaluation of these metrics, in some scenarios without additional runs of the deterministic model. The metrics are investigated by application to numerical examples.

Suggested Citation

  • Straub, Daniel & Ehre, Max & Papaioannou, Iason, 2022. "Decision-theoretic reliability sensitivity," Reliability Engineering and System Safety, Elsevier, vol. 221(C).
    • Handle: RePEc:eee:reensy:v:221:y:2022:i:c:s0951832021006931
    DOI: 10.1016/j.ress.2021.108215
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    References listed on IDEAS

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    1. Emanuele Borgonovo, 2017. "Value of Information," International Series in Operations Research & Management Science, in: Sensitivity Analysis, chapter 0, pages 93-100, Springer.
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    16. Ehre, Max & Papaioannou, Iason & Straub, Daniel, 2020. "A framework for global reliability sensitivity analysis in the presence of multi-uncertainty," Reliability Engineering and System Safety, Elsevier, vol. 195(C).
    17. Borgonovo, Emanuele & Hazen, Gordon B. & Jose, Victor Richmond R. & Plischke, Elmar, 2021. "Probabilistic sensitivity measures as information value," European Journal of Operational Research, Elsevier, vol. 289(2), pages 595-610.
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    Cited by:

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    4. Ma, Yuan-Zhuo & Jin, Xiang-Xiang & Zhao, Xiang & Li, Hong-Shuang & Zhao, Zhen-Zhou & Xu, Chang, 2024. "Reliability-oriented global sensitivity analysis using subset simulation and space partition," Reliability Engineering and System Safety, Elsevier, vol. 242(C).

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