Uncertain Renewal Processes

1. Front Matter

   Pages i-xiii

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2. Probability Theory

   • Kai Yao

   Pages 1-25

3. Stochastic Renewal Processes

   • Kai Yao

   Pages 27-40

4. Uncertainty Theory

   • Kai Yao

   Pages 41-59

5. Uncertain Renewal Processes

   • Kai Yao

   Pages 61-98

6. Chance Theory

   • Kai Yao

   Pages 99-118

7. Uncertain Random Renewal Processes

   • Kai Yao

   Pages 119-149

8. Back Matter

   Pages 151-156

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This book explores various renewal processes in the context of probability theory, uncertainty theory and chance theory. It also covers the applications of these renewal processes in maintenance models and insurance risk models. The methods used to derive the limit of the renewal rate, the reward rate, and the availability rate are of particular interest, as they can easily be extended to the derivation of other models. Its comprehensive and systematic treatment of renewal processes, renewal reward processes and the alternating renewal process is one of the book’s major features, making it particularly valuable for readers who are interested in learning about renewal theory. Given its scope, the book will benefit researchers, engineers, and graduate students in the fields of mathematics, information science, operations research, industrial engineering, etc.

• Renewal Process
• Uncertain Renewal Process
• Renewal Reward Process
• Uncertain Renewal Reward Process
• Alternating Renewal Process
• Uncertain Alternating Renewal Process
• Block Replacement Policy
• Age Replacement Policy
• Insurance Risk Process

“The book is self-contained and is suitable for researchers and students in the field of applied mathematics, operations research, engineering and management sciences. There is certainly a future for the research in uncertainty!” (Edward Omey, zbMATH 1448.60004, 2020)

• School of Economics and Management, University of Chinese Academy of Sciences, Beijing, China

  Kai Yao

Dr. Kai Yao is currently an Associate Professor at the School of Economics and Management, University of Chinese Academy of Sciences. He has published about 50 papers in international journals, which have been cited more than 1700 times in Google Scholar. He serves as an associate editor for Fuzzy Optimization and Decision Making, and as a guest editor for several other journals, including Soft Computing and the Journal of Intelligent Manufacturing. His research interests include Uncertainty Theory, Renewal Theory, and Uncertain Differential Equations.

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