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On a bivariate copula for modeling negative dependence: application to New York air quality data

On a bivariate copula for modeling negative dependence: application to New York air quality data

Abstract In many practical scenarios, including finance, environmental sciences, system reliability, etc., it is often of interest to study the various notion of negative dependence among the observed variables. A new bivariate copula is proposed for modeling negative dependence between two random variables that complies with most of the popular …