- Multivariate Pareto distributions
Barry C. Arnold · 2015
In this chapter we will discuss several k-dimensional distributions which qualify as multivariate Pareto distributions by virtue of having Pareto marginals. Sometimes conditional and other related distributions are also Paretian, but this is frequently not the case. Distributional properties of these models are discussed. Later sections of the chapter are concerned with models with Pareto conditional distributions and with flexible extensions of multivariate Pareto models. Inference issues are briefly addressed. The final section deals with discrete versions of multivariate Pareto models.