Fault Tree Analysis (FTA) as a Probabilistic Risk Assessment (PRA) method is used to identify basic causes leading to an undesired event, to represent logical relation of these basic causes in leading to the event, and finally to calculate the probability of occurrence of this event. To conduct a quantitative FTA, one needs a fault tree along with failure data of the Basic Events (BEs). Someti...

the purpose of this paper is to examine the determinants of the timing of bank failure/merger in 10 asian countries over the period of 1999-2007 using a multivariate logit model and a split population duration analysis. apart from bank-specific information, we also focus on the effects of macroeconomic and financial characteristics. the following empirical findings are obtained. first, the resu...

Compared with the methods solving failure probability of the structural system with multiple failure modes, those solving failure probability of a single failure mode are simpler and more well-developed, thus in order to employ the latter to establish the former, the addition laws of the failure probability are derived mathematically by use of the basic principles of probability theory. In the ...

The buffered failure probability is an alternative measure of reliability that offers several theoretical, practical, and computational advantages over the traditional failure probability. It is handled with relative ease in design optimization problems, accounts for the degree of violation of a performance threshold, and is more conservative than the failure probability. This paper examines th...