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Probabilities for large events in driven threshold systems
Phys. Rev. E 86, 021106 – Published 7 August, 2012
DOI: https://doi.org/10.1103/PhysRevE.86.021106
Abstract
Many driven threshold systems display a spectrum of avalanche event sizes, often characterized by power-law scaling. An important problem is to compute probabilities of the largest events (“Black Swans”). We develop a data-driven approach to the problem by transforming to the event index frame, and relating this to Shannon information. For earthquakes, we find the 12-month probability for magnitude earthquakes in California increases from about 30 after the last event, to 40–50 prior to the next one.
Article Text
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