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cc-by-nc-nd (c) Elsevier, 2019
Si us plau utilitzeu sempre aquest identificador per citar o enllaçar aquest document: https://hdl.handle.net/2445/134030

Partially Schur-constant models

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In this paper, we introduce a new multivariate dependence model that generalizes the standard Schur-constant model. The difference is that the random vector considered is partially exchangeable, instead of exchangeable, whence the term partially Schur-constant. Its advantage is to allow some heterogeneity of marginal distributions and a more flexible dependence structure, which broadens the scope of potential applications. We first show that the associated joint survival function is a monotonic multivariate function. Next, we derive two distributional representations that provide an intuitive understanding of the underlying dependence. Several other properties are obtained, including correlations within and between subvectors. As an illustration, we explain how such a model could be applied to risk management for insurance networks.

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CASTAÑER, Anna, CLARAMUNT BIELSA, M. mercè, LEFÈVRE, Claude, LOISEL, Stéphane. Partially Schur-constant models. _Journal of Multivariate Analysis_. 2019. Vol. 172, núm. July, pàgs. 47-58. [consulta: 21 de gener de 2026]. ISSN: 0047-259X. [Disponible a: https://hdl.handle.net/2445/134030]

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