Stochastic Orders and Their Applications

Stochastic Orders and Their Applications

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Description

Stochastic orders and inequalities are being used at an accelerated rate in many diverse areas of probability and statistics. This book provides the first unified, systematic and accessible treatment of stochastic orders, addressing the growing importance of these orders with the presentation of numerous results that illustrate their usefulness and applicability. Eleven insightful chapters emphasise the applications by specialists in probability and statistics, economics, operations research and reliability theory. Applications include multivariate variability, epidemics, comparisons of risk and risk aversion, scheduling and systems reliability theory.
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Product details

  • Hardback | 561 pages
  • 160.02 x 236.47 x 30.48mm | 952.54g
  • Academic Press Inc
  • San Diego, United States
  • English
  • references, index
  • 0126381607
  • 9780126381603

Review quote

"Shaked and Shanthikumar have done a great service for the statistics community by writing this timely book on Stochastic Orders and Their Applications....A unique and attractive feature of this book is the inclusion of several survey articles by eminent researchers working in different branches of statistics and related areas....this book is going to remain a standard reference in this area for a long time to come."--MATHEMATICAL REVIEWS
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Table of contents

General Theory. Applications in Statistics. Applications in Biology. Applications in Economics. Applications in Operations Research. Applications in Reliability Theory.
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