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In this paper a new Monte Carlo based method recently proposed for system reliability estimation that aims at reducing the computational cost is applied. It has been shown that the method provides good estimates for the system failure probability with reduced computational cost. In a numerical example the usefulness and efficiency of the method to estimate the reliability of a system represented by a nonlinear finite element structural model is presented. To reduce the computational cost involved in the nonlinear finite element analysis the method is combined with a response surface model.<\/jats:p>","DOI":"10.1115\/1.4025871","type":"journal-article","created":{"date-parts":[[2013,10,31]],"date-time":"2013-10-31T17:19:22Z","timestamp":1383239962000},"update-policy":"https:\/\/doi.org\/10.1115\/crossmarkpolicy-asme","source":"Crossref","is-referenced-by-count":33,"title":["System Reliability Analysis by Monte Carlo Based Method and Finite Element Structural Models"],"prefix":"10.1115","volume":"136","author":[{"given":"Bruno","family":"Gaspar","sequence":"first","affiliation":[{"name":"Centre for Marine Technology and Engineering (CENTEC), Instituto Superior T\u00e9cnico, Technical University of Lisbon, Lisboa 1049-001, Portugal e-mail:"}]},{"given":"Arvid","family":"Naess","sequence":"additional","affiliation":[{"name":"Centre for Ships and Ocean Structures and Department of Mathematical Sciences, Norwegian University of Science and Technology, Trondheim NO-7491, Norway e-mail:"}]},{"given":"Bernt J.","family":"Leira","sequence":"additional","affiliation":[{"name":"Department of Marine Technology, Norwegian University of Science and Technology, Trondheim NO-7491, Norway e-mail:"}]},{"given":"C. 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