Old and Novel Tools for the Calculus of the Hazard Rate

Paolo Rocchi ()
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Paolo Rocchi: IBM

Chapter Chapter 2 in Reliability is a New Science, 2017, pp 19-34 from Springer

Abstract: Abstract The major subjects covered in this chapter revolve around the following topics: – Deductive reasoning needs a precise description of the intended objects of study and we begin with discussing the physical models of systems. – The concept of entropy is very prolific in science [1] and this chapter will put forward the Boltzmann-like entropy as an innovative mathematical tool to calculate the systems’ hazard rate. We recall that Shannon’s entropy is used in a broad variety of research areas but here we shall introduce a new form of entropy that has nothing to do with the concepts of information and noise.

Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-319-57472-1_2

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DOI: 10.1007/978-3-319-57472-1_2

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