Collusion and dynamic (under-) investment in quality.: An article from: RAND Journal of Economics

Collusion and dynamic (under-) investment in quality.: An article from: RAND Journal of Economics Review

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Collusion and dynamic (under-) investment in quality.: An article from: RAND Journal of Economics Feature

This digital document is an article from RAND Journal of Economics, published by Thomson Gale on March 22, 2007. The length of the article is 18252 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

Citation Details
Title: Collusion and dynamic (under-) investment in quality.
Author: Volker Nocke
Publication: RAND Journal of Economics (Magazine/Journal)
Date: March 22, 2007
Publisher: Thomson Gale
Volume: 38 Issue: 1 Page: 227(23)

Distributed by Thomson Gale

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Current issues and approaches in the reliability and safety analysis of dynamic process systems are the subject of this book. The authors of the chapters are experts from nuclear, chemical, mechanical, aerospace and defense system industries, and from institutions including universities, national laboratories, private consulting companies, and regulatory bodies. Both the conventional approaches and dynamic methodologies which explicitly account for the time element in system evolution in failure modeling are represented. The papers on conventional approaches concentrate on the modeling of dynamic effects and the need for improved methods. The dynamic methodologies covered include the DYLAM methodology, the theory of continuous event trees, several Markov model construction procedures, Monte Carlo simulation, and utilization of logic flowgraphs in conjunction with Petri nets. Special emphasis is placed on human factors such as procedures and training.

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