On a new stochastic model for cascading failures

Author:

Lee Hyunju

Abstract

AbstractIn this paper, to model cascading failures, a new stochastic failure model is proposed. In a system subject to cascading failures, after each failure of the component, the remaining component suffers from increased load or stress. This results in shortened residual lifetimes of the remaining components. In this paper, to model this effect, the concept of the usual stochastic order is employed along with the accelerated life test model, and a new general class of stochastic failure models is generated.

Publisher

Cambridge University Press (CUP)

Subject

Statistics, Probability and Uncertainty,General Mathematics,Statistics and Probability

Cited by 2 articles. 订阅此论文施引文献 订阅此论文施引文献,注册后可以免费订阅5篇论文的施引文献,订阅后可以查看论文全部施引文献

1. A Stochastic Model for Cascading Failures in Financial Networks;IEEE Transactions on Control of Network Systems;2023-12

2. A model for stochastic dependence implied by failures among deteriorating components;Applied Stochastic Models in Business and Industry;2023-11-15

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