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Bernstein Polynomials and n-Copulas

5 March 2009
M. Taylor
ArXiv (abs)PDFHTML
Abstract

We give derivations of some basic results for the Bernstein approximation in nnn variables that are useful in investigating copulas. It is shown that Bernstein approximations of copulas are again copulas. We exhibit a stochastic interpretation for the Bernstein approximation of a copula.

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