Abstract
In this paper, the class of all multivariate copulas that are invariant under univariate truncation is characterized.
Acknowledgements
The author acknowledges the support given by the Polish Ministry of Science and Higher Education, via the grant N N201 547838.
Notes
Sometimes in some special cases the conditional copula is called tail-dependence or threshold copula.
t + denotes the positive part of t, t +=max(0, t).