A Copula-Based Bivariate Composite Model for Modelling Claim Costs
This paper aims to develop a new family of bivariate distributions for modelling different types of claims and their associated costs jointly in a flexible manner. The proposed bivariate distributions can be viewed as a continuous copula distribution paired with two marginals based on composite dist...
| Main Authors: | , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
MDPI AG
2024-01-01
|
| Series: | Mathematics |
| Subjects: | |
| Online Access: | https://www.mdpi.com/2227-7390/12/2/350 |