eprintid: 1267
rev_number: 13
eprint_status: archive
userid: 6
dir: disk0/00/00/12/67
datestamp: 2012-05-08 08:52:38
lastmod: 2012-05-09 07:24:25
status_changed: 2012-05-08 08:52:38
type: article
metadata_visibility: show
creators_name: Foschi, Rachele
creators_name: Spizzichino, Fabio
creators_id: rachele.foschi@imtlucca.it
creators_id: 
title: Interactions between ageing and risk properties in the analysis of burn-in problems
ispublished: pub
subjects: HA
subjects: HB
divisions: EIC
full_text_status: public
keywords: ageing; optimal decisions; utility functions; target-based approach
note: Published online before print April 6, 2012
abstract: Several relevant problems in reliability can be looked at as problems of risk management and of decisions in the face of uncertainty. However, in this frame, the so-called burn-in problem can be seen as a problem of risk taking par excellence. In this paper, we in particular point out some aspects concerning interactions between the probabilistic model for lifetimes and considerations of an economic kind. As one of the features of our work, we hinge on some unexplored connections between ageing properties of a one-dimensional survival function Formula and risk-aversion-type properties of the function u(t) = bG(t), b > 0, when the latter is seen as a utility function. 
date: 2012-04
date_type: published
publication: Decision Analysis
publisher: INFORMS
id_number: 10.1287/deca.1120.0236
refereed: TRUE
issn: 1545-8490
official_url: http://dx.doi.org/10.1287/deca.1120.0236
citation:   Foschi, Rachele and Spizzichino, Fabio  Interactions between ageing and risk properties in the analysis of burn-in problems.  Decision Analysis.   ISSN 1545-8490      (2012)  
document_url: http://eprints.imtlucca.it/1267/1/Decision_Analysis_Foschi_2012.pdf