Which Rules for Handling Copulas Do I Need?

Abstract

This chapter introduces several computation techniques that are fundamental in copula theory. Learning these rules is not only important for working with copulas, it also helps to improve one’s capability of understanding dependence in general. In particular, it sharpens one’s awareness that in the context of dependence modeling some issues that might on first glimpse look straightforward (because they are straightforward in the univariate case) implicitly bear a subtle difficulty.