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The H−family of distributions or H−distributions, introduced by Tukey (1960, 1977), are generated by a single transformation of the standard normal distribution and allow for leptokurtosis represented by the parameter h. Alternatively, Haynes, MacGillivray and Mengersen (1997) generated...
Persistent link: https://www.econbiz.de/10003903435
Leptokurtic distributions can be generated by applying certain non-linear transformations to a standard normal random variable. Within this work we derive general conditions for these transformations which guarantee that the generated distributions are ordered with respect to the partial...
Persistent link: https://www.econbiz.de/10003903452
In this paper we focus on symmetric generalized Fairlie-Gumbel-Morgenstern (or symmetric Sarmanov) copulas which are characterized by means of so-called generator functions. In particular, we introduce a class of generator functions which is based on univariate distributions with certain...
Persistent link: https://www.econbiz.de/10003903464
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There is no package in R to plot bivariate distributions for discrete variables or variables given by classes. Therefore, with the help of the already implemented R routine "persp" R functions will be proposed for 3-D plots of the bivariate distribution of discrete variables, the so-called...
Persistent link: https://www.econbiz.de/10003903696
There are several procedures to construct a skewed distribution. One of these procedures is based on a symmetric distribution that will be distorted by a skewed distribution defined on (0; 1). This proposal stems from Arellano-Valle et al. and was refined by Ferreira & Steel. Up to now, it is an...
Persistent link: https://www.econbiz.de/10009381976
J.M. Keynes (1911) shows how distributions look like for which the arithmetic, the geometric and the harmonic mean are "most probable values". We propose a general class of distributions for which the quasi-arithmetic means are ML-estimators such that these distributions can be transformed into...
Persistent link: https://www.econbiz.de/10009621616
There are several procedures to construct a skewed distribution. One of these procedures splits the value of a parameter of scale for the two halfs of a symmetric distribution. Fechner proposed this procedure in his famous book "Kollektivmaßlehre (1897), p. 295ff.". A similar proposal comes...
Persistent link: https://www.econbiz.de/10009231629