Two Sufficient Conditions for Convex Ordering on Risk Aggregation

oleh: Dan Zhu, Chuancun Yin

Format: Article
Diterbitkan: Hindawi Limited 2018-01-01

Deskripsi

We define new stochastic orders in higher dimensions called weak correlation orders. It is shown that weak correlation orders imply stop-loss order of sums of multivariate dependent risks with the same marginals. Moreover, some properties and relations of stochastic orders are discussed.