Commentary–A Latent Variable Perspective of Copula Modeling

Commentary–A Latent Variable Perspective of Copula Modeling

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Article ID: iaor20111743
Volume: 30
Issue: 1
Start Page Number: 22
End Page Number: 24
Publication Date: Jan 2011
Journal: Marketing Science
Authors: ,
Abstract:

The likelihood for copula modeling appears when both the data and the copula representations are seen as being driven by common uniform latent variables. This perspective facilitates Bayesian inference for prediction and copula selection.

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