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The class of Archimax copulas is generalized to hierarchical Archimax copulas in two ways. First, a hierarchical construction of $d$-norm generators is introduced to construct hierarchical stable tail dependence functions which induce a…

Probability · Mathematics 2017-12-21 Marius Hofert , Raphael Huser , Avinash Prasad

A new class of copulas based on order statistics was introduced by Baker (2008). Here, further properties of the bivariate and multivariate copulas are described, such as that of likelihood ratio dominance (LRD), and further bivariate…

Methodology · Statistics 2014-12-03 Rose Baker

Motivated by a recently established result saying that within the class of bivariate Archimedean copulas standard pointwise convergence implies weak convergence of almost all conditional distributions this contribution studies the class…

Statistics Theory · Mathematics 2022-10-24 Thimo M. Kasper , Nicolas Dietrich , Wolfgang Trutschnig

While there is substantial need for dependence models in higher dimensions, most existing models quickly become rather restrictive and barely balance parsimony and flexibility. Hierarchical constructions may improve on that by grouping…

Methodology · Statistics 2013-10-11 Eike Christian Brechmann

A new class of bivariate distributions is introduced that extends the Generalized Marshall-Olkin distributions of Li and Pellerey (2011). Their dependence structure is studied through the analysis of the copula functions that they induce.…

Mathematical Finance · Quantitative Finance 2017-02-13 Sabrina Mulinacci

Archimedean copulas are a popular type of copulas in which a variant of the Archimedean axiom apply. We provide a topological proof of the Archimedean Axiom which is applicable for non-continuous distribution functions.

Statistics Theory · Mathematics 2025-01-06 Victory Idowu

When modeling multivariate phenomena, properly capturing the joint extremal behavior is often one of the many concerns. Archimax copulas appear as successful candidates in case of asymptotic dependence. In this paper, the class of Archimax…

Statistics Theory · Mathematics 2025-01-23 Simon Chatelain , Samuel Perreault , Johanna G. Nešlehová , Anne-Laure Fougères

An Archimedean copula is characterised by its generator. This is a real function whose inverse behaves as a survival function. We propose a semiparametric generator based on a quadratic spline. This is achieved by modelling the first…

Statistics Theory · Mathematics 2019-08-13 Ricardo Hoyos , Luis Nieto-Barajas

In this paper, we investigate several subsets of $n$-copulas and $n$-quasi-copulas from the perspective of convex-lineability and the recently introduced concept of convex-spaceability. Our purpose is to determine when such families contain…

Statistics Theory · Mathematics 2026-02-09 Enrique de Amo , Juan Fernández-Sánchez , David García-Fernández , Manuel Úbeda-Flores

Archimedean copulas are popular in the world of multivariate modelling as a result of their breadth, tractability, and flexibility. A. J. McNeil and J. Ne\v{s}lehov\'a (2009) showed that the class of Archimedean copulas coincides with the…

General Finance · Quantitative Finance 2012-09-19 Edward Hoyle , Levent Ali Menguturk

We propose an approach to construct a new family of generalized Farlie-Gumbel-Morgenstern (GFGM) copulas that naturally scales to high dimensions. A GFGM copula can model moderate positive and negative dependence, cover different types of…

Statistics Theory · Mathematics 2022-09-29 Christopher Blier-Wong , Hélène Cossette , Sébastien Legros , Etienne Marceau

We study a broad class of asymmetric copulas introduced by Liebscher (2008) as a combination of multiple - usually symmetric - copulas. The main thrust of the paper is to provide new theoretical properties including exact tail dependence…

Statistics Theory · Mathematics 2019-07-16 Julyan Arbel , Marta Crispino , Stéphane Girard

Copulas, in particular Archimedean copulas are commonly viewed as analytically nice and regular objects. Motivated by a recently established result sta\-ting that the first partial derivatives of bivariate copulas can exhibit surprisingly…

Probability · Mathematics 2024-11-12 Nicolas Dietrich , Wolfgang Trutschnig

Motivated by recently investigated results on dependence measures and robust risk models, this paper provides an overview of dependence properties of many well-known bivariate copula families, where the focus is on the Schur order for…

Statistics Theory · Mathematics 2024-04-09 Jonathan Ansari , Marcus Rockel

The copulas of random vectors with standard uniform univariate margins truncated from the right are considered and a general formula for such right-truncated conditional copulas is derived. This formula is analytical for copulas that can be…

Statistics Theory · Mathematics 2020-06-19 Marius Hofert

When scholars study joint distributions of multiple variables, copulas are useful. However, if the variables are not linearly correlated with each other yet are still not independent, most of conventional copulas are not up to the task.…

Methodology · Statistics 2023-08-08 Kentaro Fukumoto

The omnipotence of copulas when modeling dependence given marg\-inal distributions in a multivariate stochastic situation is assured by the Sklar's theorem. Montes et al.\ (2015) suggest the notion of what they call an \emph{imprecise…

Probability · Mathematics 2022-09-29 Matjaž Omladič , Damjan Škulj

We propose a new test for the hypothesis that a bivariate copula is an Archimedean copula. The test statistic is based on a combination of two measures resulting from the characterization of Archimedean copulas by the property of…

Statistics Theory · Mathematics 2011-09-30 Axel Bücher , Holger Dette , Stanislav Volgushev

Assuming the asymptotic character of divergent perturbation series, we address the problem of ambiguity of a function determined by an asymptotic power expansion. We consider functions represented by an integral of the Laplace-Borel type,…

Mathematical Physics · Physics 2011-08-29 Irinel Caprini , Jan Fischer , Ivo Vrkoč

We consider a sub-class of the $f$-divergences satisfying a stronger convexity property, which we refer to as strongly convex, or $\kappa$-convex divergences. We derive new and old relationships, based on convexity arguments, between…

Information Theory · Computer Science 2020-12-30 James Melbourne
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