Cheung, Ka Chun; Lo, Ambrose - In: Insurance: Mathematics and Economics 53 (2013) 2, pp. 334-342
their components in the senses of the convex order and tail convex order respectively. In the first part, we extend the … convex order if and only if they are counter-monotonic. Three simple and illuminating proofs are provided. In the second part …, we investigate upper comonotonicity by means of the tail convex order. By establishing some useful properties of this …