Response functions that link regression predictors to properties of the response distribution are fundamental components in many statistical models. However, the choice of these functions is typically based on the domain of the modeled quantities and is usually not further scrutinized. For...

For numerous applications it is of interest to provide full probabilistic forecasts, which are able to assign probabilities to each predicted outcome. Therefore, attention is shifting constantly from conditional mean models to probabilistic distributional models capturing location, scale, shape...