Multilevel Monte Carlo for Reliability Theory
(2017)
Journal Article
Aslett, L., Nagapetyan, T., & Vollmer, S. (2017). Multilevel Monte Carlo for Reliability Theory. Reliability Engineering & System Safety, 165, 188-196. https://doi.org/10.1016/j.ress.2017.03.003
As the size of engineered systems grows, problems in reliability theory can become computationally challenging, often due to the combinatorial growth in the number of cut sets. In this paper we demonstrate how Multilevel Monte Carlo (MLMC) — a simula... Read More about Multilevel Monte Carlo for Reliability Theory.