Cheung, Ka Chun; Dhaene, Jan; Lo, Ambrose; Tang, Qihe - In: Insurance: Mathematics and Economics 54 (2014) C, pp. 58-65
In this article, we show that some important implications concerning comonotonic couples and corresponding convex order relations for their sums cannot be translated to counter-monotonicity in general. In a financial context, it amounts to saying that merging counter-monotonic positions does not...
