On Probabilistic Risk Analysis of Technological Systems

B. Natvig, J. G semyr
1996 Radiation Protection Dosimetry  
The reliability of a system is defined as the probability of system functioning. In reliability theory one is studying how the reliability of a system can be assessed from the reliabilities of its components. In the first part of this paper we consider the safety of a nuclear power plant from a reliability theory point of view. Especially one is focussing on the Chernobyl catastrophe in 1986 and the incidents at Le Bugey in 1984 and in Barsebiick 1992. Some main areas of modern reliability
more » ... rn reliability theory of interest for the safety of nuclear power plants are indicated. In the second part of the paper risk and risk aversion are considered by first showing how these concepts are applied in modern non-life insurance mathematics. At the end we discuss the link to the choice between different energy supplies.
doi:10.1093/oxfordjournals.rpd.a031862 fatcat:6s2vb4jaxzgj3hyeddmtx6qpwq