NON-EXCHANGEABLE RANDOM VARIABLES, ARCHIMAX COPULAS AND THEIR FITTING TO REAL DATA
The aim of this paper is to open a new way of modelling non-exchangeable random variables with a class of Archimax copulas. We investigate a connection between powers of generators and dependence functions, and propose some construction methods for dependence functions. Application to different hydrological data is given.
archimax copula generator dependence function