History
Amortized analysis initially emerged from a method called aggregate analysis, which is now subsumed by amortized analysis. However, the technique was first formally introduced by Robert Tarjan in his paper Amortized Computational Complexity, which addressed the need for a more useful form of analysis than the common probabilistic methods used. Amortization was initially used for very specific types of algorithms, particularly those involving binary trees and union operations. However, it is now ubiquitous and comes into play when analyzing many other algorithms as well.
Read more about this topic: Amortized Analysis
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—Georg Wilhelm Friedrich Hegel (1770–1831)