Why Are FGM Copulas Successful? A Simple Explanation

Joint Authors

Sriboonchitta, Songsak
Kreinovich, Vladik

Source

Advances in Fuzzy Systems

Issue

Vol. 2018, Issue 2018 (31 Dec. 2018), pp.1-5, 5 p.

Publisher

Hindawi Publishing Corporation

Publication Date

2018-05-14

Country of Publication

Egypt

No. of Pages

5

Main Subjects

Mathematics

Abstract EN

One of the most computationally convenient nonredundant ways to describe the dependence between two variables is by describing the corresponding copula.

In many applications, a special class of copulas—known as FGM copulas—turned out to be most successful in describing the dependence between quantities.

The main result of this paper is that these copulas are the fastest to compute, and this explains their empirical success.

As an auxiliary result, we also show that a similar explanation can be given in terms of fuzzy logic.

American Psychological Association (APA)

Sriboonchitta, Songsak& Kreinovich, Vladik. 2018. Why Are FGM Copulas Successful? A Simple Explanation. Advances in Fuzzy Systems،Vol. 2018, no. 2018, pp.1-5.
https://search.emarefa.net/detail/BIM-986273

Modern Language Association (MLA)

Sriboonchitta, Songsak& Kreinovich, Vladik. Why Are FGM Copulas Successful? A Simple Explanation. Advances in Fuzzy Systems No. 2018 (2018), pp.1-5.
https://search.emarefa.net/detail/BIM-986273

American Medical Association (AMA)

Sriboonchitta, Songsak& Kreinovich, Vladik. Why Are FGM Copulas Successful? A Simple Explanation. Advances in Fuzzy Systems. 2018. Vol. 2018, no. 2018, pp.1-5.
https://search.emarefa.net/detail/BIM-986273

Data Type

Journal Articles

Language

English

Notes

Includes bibliographical references

Record ID

BIM-986273