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One of the most useful tools for handling multivariate distributions with givenunivariatemarginals is the copula function. Using it, any multivariate distribution function can be represented in a way that emphasizes the separate roles of the marginals and of the dependence structure. The goal of...
Persistent link: https://www.econbiz.de/10005199404
Unlike the usual stochastic order, total positivity order is closed under conditioning. Here we provide a general formulation of the preservation properties of the order under conditioning; we study certain properties of the order including translation properties and the implications of having...
Persistent link: https://www.econbiz.de/10005199520