Decision-theoretic limits on earthquake prediction

Abstract

I apply Decision Theory to the question of how accurate earthquake predictions must be to serve as a reliable basis for action. Even with optimistic estimates of the parameters involved, the lower bound on the required accuracy is extraordinarily demanding, being over 10 times higher than that of current meteorological forecasts. Given the abruptly self-organizing nature of earthquakes, it is extremely unlikely that precursors can attain such levels of accuracy. I therefore conclude that prediction of major earthquakes is, in any practical sense, impossible.