A Compendium of Copulas

Saralees Nadarajah, Emmanuel Afuecheta, Stephen Chan

Abstract


Copulas are used to specify dependence between two or more random variables. The last few years have seen a surge of developments of parametric models for copulas. Here, we provide an up-to-date and a comprehensive review of known parametric copulas as well as applications and open problems. This review is believed to be the first of its kind.


Keywords


Bivariate distributions; Dependence; Independence; Multivariate distributions; Trivariate distributions

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References


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DOI: 10.6092/issn.1973-2201/7202