A model for risk assessment of a large earthquake with application to Chilean data

Autor: Fierro, Raúl, Leiva, Víctor
Rok vydání: 2016
Předmět:
Druh dokumentu: Working Paper
Popis: We study the asymptotic distribution for the occurrence time of the next large earthquake, by knowing the last large seismic event occurred a long time ago. We prove that, under reasonable conditions, such a distribution is asymptotically exponential with a rate depending on the asymptotic slope of the cumulative intensity function corresponding to a non-homogeneous Poisson process. Moreover, as it is not possible to obtain an empirical cumulative distribution function for the waiting time of the next large earthquake, a random cumulative function based on existing data is stated. We demonstrate that analogous results to the theorems of Glivenko-Cantelli and Kolmogorov are satisfied by this random cumulative function. We conduct a simulation study for detecting in what scenario the approximate distribution of the studied elapsed time performs well. Finally, a real-world data analysis is carried out to illustrate the potential applications of our proposal.
Databáze: arXiv