IDEAS home Printed from https://ideas.repec.org/a/taf/uiiexx/v41y2009i1p72-80.html
   My bibliography  Save this article

Modeling of dependent competing risks by first passage times of Wiener processes

Author

Listed:
  • Bo Lindqvist
  • Guro Skogsrud

Abstract

Consider the competing risks situation for a component which may be subject to either a failure or a preventive maintenance action, where the latter will prevent the failure. It is then reasonable to expect a dependence between the time to failure and the time to preventive maintenance. This paper briefly reviews some modeling approaches and introduces a new approach based on modeling of the degradation of a component by means of Wiener processes, with failure corresponding to the first crossing of a certain level, and potential time for maintenance corresponding to the crossing of a certain lower degradation level.

Suggested Citation

  • Bo Lindqvist & Guro Skogsrud, 2009. "Modeling of dependent competing risks by first passage times of Wiener processes," IISE Transactions, Taylor & Francis Journals, vol. 41(1), pages 72-80.
    • Handle: RePEc:taf:uiiexx:v:41:y:2009:i:1:p:72-80
    DOI: 10.1080/07408170802322697
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/07408170802322697
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/07408170802322697?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Herbert Hove & Frank Beichelt & Parmod K. Kapur, 2017. "Estimation of the Frank copula model for dependent competing risks in accelerated life testing," International Journal of System Assurance Engineering and Management, Springer;The Society for Reliability, Engineering Quality and Operations Management (SREQOM),India, and Division of Operation and Maintenance, Lulea University of Technology, Sweden, vol. 8(4), pages 673-682, December.
    2. Dimitrova, Dimitrina S. & Haberman, Steven & Kaishev, Vladimir K., 2013. "Dependent competing risks: Cause elimination and its impact on survival," Insurance: Mathematics and Economics, Elsevier, vol. 53(2), pages 464-477.
    3. Zhang, Zhengxin & Si, Xiaosheng & Hu, Changhua & Lei, Yaguo, 2018. "Degradation data analysis and remaining useful life estimation: A review on Wiener-process-based methods," European Journal of Operational Research, Elsevier, vol. 271(3), pages 775-796.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:uiiexx:v:41:y:2009:i:1:p:72-80. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/uiie .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.