A Bayesian Escalation Model to Predict Nuclear Accidents and Risk
Tat-Chi Chow,
Robert M. Oliver and
G. Anthony Vignaux
Additional contact information
Tat-Chi Chow: University of California, Berkeley, California
Robert M. Oliver: University of California, Berkeley, California
G. Anthony Vignaux: Victoria University, Wellington, New Zealand
Operations Research, 1990, vol. 38, issue 2, 265-277
Abstract:
This paper designs prediction models to estimate the chance of the most severe nuclear accidents (such as complete core melts) for the population of U.S. and worldwide nuclear reactors. We formally introduce the notion of random escalation of incident severity. We then develop a class of models that views accidents of high severity as members of a subpopulation of incidents of lower severity; a random escalation model ( REM ) uses Bayesian methods to update unobservable failure rates and other model parameters. The priors for failure rates are based on extensive engineering judgment about the probabilities of core melt. Predictive distributions for time to time to core melt are calculated from the model, based on operational experience and accident data accumulated to date; the results are compared with those of N. C. Rasmussen, H. W. Lewis, P. C. Groer and others. The paper includes three theorems that reveal the structure of separable densities for parameter updating, the invariance of REM s under severity level classification and the reproducibility of Poisson-Binomial REM s. In an appendix, we examine the special assumptions that are required to specify the current U.S. Nuclear Regulatory Commission risk model.
Keywords: decision analysis; risk: influence diagrams for safety analysis; forecasting: Bayesian predictions and inference; probability; stochastic model: application to prediction of nuclear incidents (search for similar items in EconPapers)
Date: 1990
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Persistent link: https://EconPapers.repec.org/RePEc:inm:oropre:v:38:y:1990:i:2:p:265-277
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