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- W2294880500 abstract "We propose a new copula model that can be used with spatial data. Unlike the multivariate normal copula, the proposed copula is based on the assumption that a common factor exists and affects the joint dependence of all measurements of the process. Moreover, the proposed copula can model tail dependence and tail asymmetry. The model is parameterized in terms of a covariance function that may be chosen from the many models proposed in the literature, such as the Matern model. For some choice of common factors, the joint copula density is given in closed form and therefore likelihood estimation is very fast. In the general case, one-dimensional numerical integration is needed to calculate the likelihood, but estimation is still reasonably fast even with large data sets. We use simulation studies to show the wide range of dependence structures that can be generated by the proposed model with different choices of common factors. We apply the proposed model to spatial temperature data and compare its performance with some popular geostatistics models. performance with some classical models that are popular in geostatistics." @default.
- W2294880500 created "2016-06-24" @default.
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- W2294880500 date "2015-11-10" @default.
- W2294880500 modified "2023-09-27" @default.
- W2294880500 title "Factor Copula Models for Spatial Data" @default.
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