View source for Demystifying copulas: An interactive lesson

{{MHRA
|Publication Year=2024
|Access=Open
|Link=https://zenodo.org/records/12533412, https://doi.org/10.5281/zenodo.12533412
|Author(s)=John Hillier, Nikolas Petalas, Tom Perkins
|Description=A guide to using copulas to correlate random variable, for example two types of loss. This guide provides an introduction to copulas, how they can be used in operational risk modelling for multi-hazard / compound risk scenarios through simulation.

The link provides an Excel based exercise designed as an interactive lesson to learn more about copulas.
|Key Words=Copula, Insurance, Risk correlation, Natural hazard, Dependency, Co-occurring hazards, Compound risk
}}