The first and only comprehensive guide to modern record theory and its applications

Although it is often thought of as a special topic in order statistics, records form a unique area, independent of the study of sample extremes. Interest in records has increased steadily over the years since Chandler formulated the theory of records in 1952. Numerous applications of them have been developed in such far-flung fields as meteorology, sports analysis, hydrology, and stock market analysis, to name just a few. And the literature on the subject currently comprises papers and journal...

This book's first edition has been widely cited by researchers in diverse fields. The following are excerpts from reviews. "Inequalities: Theory of Majorization and its Applications" merits strong praise. It is innovative, coherent, well written and, most importantly, a pleasure to read. ... This work is a valuable resource " (Mathematical Reviews). "The authors ... present an extremely rich collection of inequalities in a remarkably coherent and unified approach. The book is a major work on inequalities, rich in content and original in organization." (Siam Review). "The appearance of ......