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A comprehensive review on the development of copulas in financial field

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216208%3A11320%2F23%3AICQMRDWI" target="_blank" >RIV/00216208:11320/23:ICQMRDWI - isvavai.cz</a>

  • Result on the web

    <a href="https://content.iospress.com/articles/journal-of-intelligent-and-fuzzy-systems/ifs223481" target="_blank" >https://content.iospress.com/articles/journal-of-intelligent-and-fuzzy-systems/ifs223481</a>

  • DOI - Digital Object Identifier

    <a href="http://dx.doi.org/10.3233/JIFS-223481" target="_blank" >10.3233/JIFS-223481</a>

Alternative languages

  • Result language

    angličtina

  • Original language name

    A comprehensive review on the development of copulas in financial field

  • Original language description

    "e Copula concept has long been used in many applications, especially in the financial field. This concept was first used in 1959 by Sklar in his mathematical work and greatly assisted in the applications of financial and insurance areas. The copula functions have been widely used in dependence modeling. In this study, we look at how the copula began to develop from a basic form to a more advanced form through studies that previous researchers have made. Throughout this study, we find various types of the copula, and each exhibits its own characteristics lying under two main families, Elliptical and Archimedean copulas. Our findings suggest that copula is vital in solving problems in statistical dependence measures and joint marginal distribution functions. This comprehensive study served as a review paper on the development of copulas from their initial existence to their latest evolution."

  • Czech name

  • Czech description

Classification

  • Type

    J<sub>ost</sub> - Miscellaneous article in a specialist periodical

  • CEP classification

  • OECD FORD branch

    10201 - Computer sciences, information science, bioinformathics (hardware development to be 2.2, social aspect to be 5.8)

Result continuities

  • Project

  • Continuities

Others

  • Publication year

    2023

  • Confidentiality

    S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Data specific for result type

  • Name of the periodical

    "Journal of Intelligent & Fuzzy Systems"

  • ISSN

    1064-1246

  • e-ISSN

  • Volume of the periodical

    45

  • Issue of the periodical within the volume

    4

  • Country of publishing house

    US - UNITED STATES

  • Number of pages

    16

  • Pages from-to

    6047-6062

  • UT code for WoS article

  • EID of the result in the Scopus database