Drees, Holger; Müller, Peter - In: Insurance: Mathematics and Economics 42 (2008) 2, pp. 638-650
We consider an extended version of a model proposed by Ledford and Tawn [Ledford, A.W., Tawn, J.A., 1997. Modelling dependence within joint tail regions. J. R. Stat. Soc. 59 (2), 475-499] for the joint tail distribution of a bivariate random vector, which essentially assumes an asymptotic power...