The stress-strength model and its generalizations

This important book presents developments in a remarkable field of inquiry in statistical/probability theory вЂ" the stressвЂ"strength model. Many papers in the field include the enigmatic "words" P(XThe StressвЂ"Strength Model and Its Generalizations collects and digests theoretical and practical results on the theory and applications of the stressвЂ"strength relationships in industrial and economic systems вЂ" results that have been scattered in the literature during the last 40-odd years вЂ" and augments and presents them for the first time in a unified manner suitable for practitioners as well as probabilists and theoretical and applied statisticians.