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Persistent link: https://www.econbiz.de/10010299787
There are several possibilities to introduce skewness into a symmetric distribution. One of these procedures applies two dfferent parameters of scale - with possibly different weights - to the positive and the negative part of a symmetric density. Within this work we show that this technique...
Persistent link: https://www.econbiz.de/10010299790
Idempotence is a well-known property of functionals of location. It means that the value of the functional at a singular distribution must be identically to the mass point of this distribution. First, we explain the role of idempotence in the known axiomizations of location functionals. Then we...
Persistent link: https://www.econbiz.de/10010299794
Tukey (1960) derived via the technique of transformation of variables starting from the normal distribution a family of skewed and leptokurtic distributions. Skewness and leptokurtosis are determined by two parametersg and h. Therefore, the family was called gh-distributions. We modify Tukeys...
Persistent link: https://www.econbiz.de/10010299795
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/10010299800
Persistent link: https://www.econbiz.de/10010299801
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/10010299805
Persistent link: https://www.econbiz.de/10010299806
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/10010299807