The Stress-strength Model and Its Generalizations Theory and Applications

This important book presents developments in a remarkable field of inquiry in statistical/probability theory -- the stressstrength model.Many papers in the field include the enigmatic "words" P(XThe StressStrength Model and Its Generalizations collects and digests theoretical and practical results on the theory and applications of the stressstrength relationships in industrial and economic systems -- results that have been scattered in the literature during the last 40-odd years -- and augments and presents them for the first time in a unified manner suitable for practitioners as well as probabilists and theoretical and applied statisticians.