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A scalar product for copulas

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Date

2007-10-25T11:55:28Z

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Abstract

We introduce a scalar product for n-dimensional copulas, based on the Sobolev scalar product for W 1,2 -functions. The corresponding norm has quite remarkable properties and provides a new geometric framework for copulas. We show that, in the bivariate case, it measures invertibility properties with respect to the ∗-product for copulas defined by Darsow et al. The unique copula of minimal norm is the null element for the ∗-multiplication, whereas the copulas of maximal norm are precisely the invertible elements.

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Keywords

Copula, Scalar product, Sobolev space

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