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Correlated Multivariate Poisson Processes and Extreme Measures (1702.00376v2)

Published 1 Feb 2017 in stat.ME

Abstract: Multivariate Poisson processes have many important applications in Insurance, Finance, and many other areas of Applied Probability. In this paper we study the backward simulation approach to modelling multivariate Poisson processes and analyze the connection to the extreme measures describing the joint distribution of the processes at the terminal simulation time.

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