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Estimation of Reliability Parameters Under Incomplete Primary Information

Author

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  • A. Golodnikov
  • P. Knopov
  • V. Pepelyaev

Abstract

We consider the procedure for small-sample estimation of reliability parameters. The main shortcomings of the classical methods and the Bayesian approach are analyzed. Models that find robust Bayesian estimates are proposed. The sensitivity of the Bayesian estimates to the choice of the prior distribution functions is investigated using models that find upper and lower bounds. The proposed models reduce to optimization problems in the space of distribution functions. Copyright Springer 2004

Suggested Citation

  • A. Golodnikov & P. Knopov & V. Pepelyaev, 2004. "Estimation of Reliability Parameters Under Incomplete Primary Information," Theory and Decision, Springer, vol. 57(4), pages 331-344, December.
    • Handle: RePEc:kap:theord:v:57:y:2004:i:4:p:331-344
    DOI: 10.1007/s11238-005-3217-9
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