ON THE SOLUTION APPROACH FOR BAYESIAN MODELING OF INITIATING EVENT FREQUENCIES AND FAILURE RATES

Citation
E. Hofer et al., ON THE SOLUTION APPROACH FOR BAYESIAN MODELING OF INITIATING EVENT FREQUENCIES AND FAILURE RATES, Risk analysis, 17(2), 1997, pp. 249-252
Citations number
4
Categorie Soggetti
Social Sciences, Mathematical Methods
Journal title
ISSN journal
02724332
Volume
17
Issue
2
Year of publication
1997
Pages
249 - 252
Database
ISI
SICI code
0272-4332(1997)17:2<249:OTSAFB>2.0.ZU;2-6
Abstract
Then is a need for plant-specific distributions of incidence and failu re rates rather than distributions from pooled data which are based on the ''common incidence rate'' assumption. The so-called superpopulati on model satisfies this need through a practically appealing approach that accounts for the variability over the population of plants. Unfor tunately, the chosen order in which the integrals with respect to the individual plant rates lambda(i) (i = 0, 1..., m) and the parameters a lpha,beta of the Gamma-population distribution are solved seems to dri ve the solution close to the common incidence rate distribution. It is shown that the solution obtained from interchanging the order and sol ving the integrals with respect to the individual plant rates by Monte Carlo simulation very quickly provides the plant specific distributio n. This differing solution behaviour may be due to the lack of uniform convergence over (alpha,beta, lambda(i) (i = 1,..., m))-space. Exampl es illustrate the difference that may be observed.