TY - JOUR A1 - Holschneider, Matthias A1 - Zöller, Gert A1 - Hainzl, Sebastian T1 - Estimation of the maximum possible magnitude in the framework of a doubly truncated Gutenberg-Richter Model T2 - Bulletin of the Seismological Society of America N2 - We discuss to what extent a given earthquake catalog and the assumption of a doubly truncated Gutenberg-Richter distribution for the earthquake magnitudes allow for the calculation of confidence intervals for the maximum possible magnitude M. We show that, without further assumptions such as the existence of an upper bound of M, only very limited information may be obtained. In a frequentist formulation, for each confidence level alpha the confidence interval diverges with finite probability. In a Bayesian formulation, the posterior distribution of the upper magnitude is not normalizable. We conclude that the common approach to derive confidence intervals from the variance of a point estimator fails. Technically, this problem can be overcome by introducing an upper bound (M) over tilde for the maximum magnitude. Then the Bayesian posterior distribution can be normalized, and its variance decreases with the number of observed events. However, because the posterior depends significantly on the choice of the unknown value of (M) over tilde, the resulting confidence intervals are essentially meaningless. The use of an informative prior distribution accounting for pre-knowledge of M is also of little use, because the prior is only modified in the case of the occurrence of an extreme event. Our results suggest that the maximum possible magnitude M should be better replaced by M(T), the maximum expected magnitude in a given time interval T, for which the calculation of exact confidence intervals becomes straightforward. From a physical point of view, numerical models of the earthquake process adjusted to specific fault regions may be a powerful alternative to overcome the shortcomings of purely statistical inference. Y1 - 2011 UR - https://publishup.uni-potsdam.de/frontdoor/index/index/docId/36715 SN - 0037-1106 VL - 101 IS - 4 SP - 1649 EP - 1659 PB - Seismological Society of America CY - El Cerrito ER -