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Exteded Marshall-Olkin models with implicit shocks and applications

Grant number: 18/23185-0
Support type:Research Grants - Visiting Researcher Grant - International
Duration: February 20, 2019 - March 17, 2019
Field of knowledge:Physical Sciences and Mathematics - Probability and Statistics
Principal Investigator:Nikolai Valtchev Kolev
Grantee:Nikolai Valtchev Kolev
Visiting researcher: Sabrina Mulinacci
Visiting researcher institution: Università di Bologna, Italy
Home Institution: Instituto de Matemática e Estatística (IME). Universidade de São Paulo (USP). São Paulo , SP, Brazil
Associated research grant:13/07375-0 - CeMEAI - Center for Mathematical Sciences Applied to Industry, AP.CEPID

Abstract

We suggest an improvement of the Extended Marshall-Olkin model considering a delayed effect of the common shocks affecting the elements of the system. Properties of the model will be investigated and applications will be discussed. (AU)