Symmetric representations of bivariate distributions

We construct symmetric decompositions of bivariate distributions with given mean values into convex combinations of distributions with supports containing not more than three points and with the same mean values. We use these decompositions for constructing representations of bivariate random variables by means of a Brownian motion stopped at random times.

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Year of publication:	2013
Authors:	Domansky, Victor
Published in:	Statistics & Probability Letters. - Elsevier, ISSN 0167-7152. - Vol. 83.2013, 4, p. 1054-1061
Publisher:	Elsevier
Subject:	Bivariate probability distributions \| Mean values \| Extreme points of convex sets \| Convex combinations of distributions

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010662344