Before revision:  We also generalize the bivariate Conditional-Tail-Expectation (CTE), previously introduced by Di Bernardino et al. (2011), in a multivariate set- ting and we study its behavior.
After revision:  We also generalize the bivariate Conditional-Tail-Expectation (CTE), previously introduced by Di Bernardino et al. (2011), in a multivariate setting and we study its behavior.