Earthquake With Death Toll of 1000+ Before End of Year
34
570Ṁ3739
resolved Jan 5
Resolved
NO

Major earthquakes in 2023 with death toll 1000+:


2023 Turkey–Syria earthquakes

2023 Marrakesh–Safi earthquake

2023 Herat earthquakes

2022:
June 2022 Afghanistan earthquake

Resolves YES if death toll from earthquake or natural/accidental event directly caused by earthquake (tsunami, fire, train derailment) exceeds 1000

Resolves NO if the above does not occur (no event or death toll from event sub-1000)

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Only the original three, per Wikipedia. Resolves No.

@MemeMan Can this resolve?

There have been 18 earthquakes since 2001 (inclusive) that clear the number of fatalities required for this question. Here is a list:

  • 2001 gujarat

  • 2002 hindu kush (afghanistan)

  • 2003 iran

  • 2004 indonesia

  • 2005 kashmir

  • 2005 indonesia

  • 2006 indonesia

  • 2008 sichuan

  • 2009 indonesia

  • 2010 haiti

  • 2011 tohoku

  • 2015 nepal

  • 2018 indonesia

  • 2021 haiti

  • 2022 afghanistan

  • 2023 turkey-syria

  • 2023 morocco

  • 2023 afghanistan

Based on this, a naive base rate calculation would give 11% to 12% odds of an earthquake clearing 1000 fatalities happening in the remaining ~ 55 days of the year. There are some arguments we might consider on top of this naive base rate:

  1. We've already had three earthquakes that would qualify in 2023. This might suggest seismic activity in some vulnerable regions of the world, raising the odds of another such earthquake above the background base rate.

  2. Population growth across the world might mean earthquakes have more people to kill now than they used to, though this is counteracted by the effects of economic growth making people less vulnerable to natural disasters than they had previously been. Overall, I would guess this actually pushes slightly towards fewer deadly earthquakes.

(1) especially updates me somewhat above 12%, but I don't think I would go as high as 25%, which are the current market odds. Earthquakes seem sufficiently close to Poisson distributed that we should probably not update that much on 2023: at a base rate of ~ 0.8 qualifying earthquakes/year, we expect roughly one out of 21 years to have three or more qualifying earthquakes just by chance, and in the past 21 years we've indeed only seen one - 2023.

This market ends on the 10th

predictedYES

@GensingGenis Close date pushed

Does it have to be a natural earthquake or would a man made earth quake count as well?

@CertaintyOfVictory Manmade would qualify if the death toll happens as a consequence of the earthquake alone (i.e. bomb --> shaking --> dam collapse and flood would not qualify)

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