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VineCopula (version 1.6-1)

BiCopPar2Beta: Blomqvist's Beta Value of a Bivariate Copula

Description

This function computes the theoretical Blomqvist's beta value of a bivariate copula for given parameter values.

Usage

BiCopPar2Beta(family, par, par2 = 0, obj = NULL)

Arguments

family
An integer defining the bivariate copula family: 0 = independence copula 1 = Gaussian copula 3 = Clayton copula 4 = Gumbel copula 5 = Frank copula 6 = Joe copula 7
par
Copula parameter.
par2
Second parameter for the two parameter BB1, BB6, BB7, BB8, Tawn type 1 and type 2 copulas (default: par2 = 0).
obj
BiCop object containing the family and parameter specification.

Value

  • Theoretical value of Blomqvist's beta corresponding to the bivariate copula family and parameter(s)

Details

If the family and parameter specification is stored in a BiCop object obj, the alternative version BiCopPar2Beta(obj) can be used.

References

Blomqvist, N. (1950). On a measure of dependence between two random variables. The Annals of Mathematical Statistics, 21(4), 593-600. Nelsen, R. (2006). An introduction to copulas. Springer

Examples

Run this code
#Blomqvist's beta for the Clayton copula
BiCopPar2Beta(family = 3, par = 2)

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