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Waltraud Kahle is Associate Professor in the Mathematics Department of the Otto-von-Guericke University Magdeburg in Germany. Sophie Mercier is Full Professor in the Laboratory of Mathematics and their Applications of the University of Pau and Pays de l'Adour in France. Christian Paroissin is Associate Professor in the Laboratory of Mathematics and their Applications of the University of Pau and Pays de l'Adour in France.
"""The main focus of the book is on parametric models. In such a case likelihood maximization is recommended as the main estimation method. The form of the likelihood function is always rigorously derived and the procedure of its maximization is discussed. If the covariance matrix of ML estimates is sufficiently simple, it is also presented. For some models, estimation by the method of moments is described; the corresponding equations are then also rigorously derived. The book also contains very detailed descriptions of various methods for simulation of considered degradation processes."" (Mathematical Reviews/MathSciNet April 2017)"
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