Blar i Studentoppgaver (TN-ISØP) på emneord "expected utility theory"
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Some consideration on how often safety critical valves should be tested based on expected utility theory
(Masteroppgave/UIS-TN-IØRP/2011;, Master thesis, 2011)The regulation given by the Petroleum Safety Authority Norway (PSAN) requires annual testing of safety critical valves. In the present paper we discuss the rationale for this requirement, as annual testing by the operators ...