The Relations between Some Families of Copulas
Abstract
Copulas are mathematical objects that fully capture the dependence structure among random variables and
thus offer a great deal of flexibility in building multivariate stochastic models. They have widely use in, credit
models, risk aggregation, portfolio selection, insurance, and reliability theory. This study will disscuss the
relationship among a few copulas.
Keywords
Copula; survival copula; ordering; measure of dependency; polynomial copula; Harmonic copula; homogeneous copula