IDEAS home Printed from https://ideas.repec.org/a/spr/nathaz/v88y2017i2d10.1007_s11069-017-2894-3.html
   My bibliography  Save this article

Earthquake recurrence assessment of the active Shanchiao Fault in northern Taiwan

Author

Listed:
  • Yun Xu

    (The Hong Kong University of Science and Technology)

  • J. P. Wang

    (The Hong Kong University of Science and Technology)

Abstract

The Shanchiao Fault is an active normal fault located in the Taipei metropolis, northern Taiwan. Faulting activities have been observed from both the long-term geological data and the short-term GPS surface deformation along the fault. Particularly, with recent studies suggesting the potential of triggering an Mw 7.0-plus earthquake, the Shanchiao Fault is posing a direct seismic threat to the most important, densely populated Taipei metropolitan area in Taiwan. As a result, this study aims to evaluate the earthquake recurrence probability of the Shanchiao Fault, in an attempt to estimate the seismic hazard and help in decision-making for the Taiwan government. Given the capability of capturing the stochastic nature of tectonic stress accumulating, this study used the Brownian model to calculate the earthquake recurrence of the Shanchiao Fault. From the analysis, the recurrence probabilities of the Shanchiao Fault are determined at 8.3 and 17.4% for the next 50 and 100 years, respectively.

Suggested Citation

  • Yun Xu & J. P. Wang, 2017. "Earthquake recurrence assessment of the active Shanchiao Fault in northern Taiwan," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 88(2), pages 835-851, September.
    • Handle: RePEc:spr:nathaz:v:88:y:2017:i:2:d:10.1007_s11069-017-2894-3
    DOI: 10.1007/s11069-017-2894-3
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s11069-017-2894-3
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.
    File URL: https://libkey.io/10.1007/s11069-017-2894-3?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Jui-Pin Wang & Chung-Han Chan & Yih-Min Wu, 2011. "The distribution of annual maximum earthquake magnitude around Taiwan and its application in the estimation of catastrophic earthquake recurrence probability," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 59(1), pages 553-570, October.
    2. Jim Gatheral & Alexander Schied, 2011. "Optimal Trade Execution Under Geometric Brownian Motion In The Almgren And Chriss Framework," International Journal of Theoretical and Applied Finance (IJTAF), World Scientific Publishing Co. Pte. Ltd., vol. 14(03), pages 353-368.
    3. J. Wang & H. Kuo-Chen, 2015. "On the use of AFOSM to estimate major earthquake probabilities in Taiwan," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 75(3), pages 2577-2587, February.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Xiaoyue Li & John M. Mulvey, 2023. "Optimal Portfolio Execution in a Regime-switching Market with Non-linear Impact Costs: Combining Dynamic Program and Neural Network," Papers 2306.08809, arXiv.org.
    2. Olivier Guéant & Charles-Albert Lehalle, 2015. "General Intensity Shapes In Optimal Liquidation," Mathematical Finance, Wiley Blackwell, vol. 25(3), pages 457-495, July.
    3. Fengpei Li & Vitalii Ihnatiuk & Ryan Kinnear & Anderson Schneider & Yuriy Nevmyvaka, 2022. "Do price trajectory data increase the efficiency of market impact estimation?," Papers 2205.13423, arXiv.org, revised Mar 2023.
    4. Christopher Lorenz & Alexander Schied, 2013. "Drift dependence of optimal trade execution strategies under transient price impact," Finance and Stochastics, Springer, vol. 17(4), pages 743-770, October.
    5. Yan Dolinsky & Doron Greenstein, 2024. "A Note on Optimal Liquidation with Linear Price Impact," Papers 2402.14100, arXiv.org, revised Aug 2024.
    6. Jin Hyuk Choi & Tae Ung Gang, 2021. "Optimal investment in illiquid market with search frictions and transaction costs," Papers 2101.09936, arXiv.org, revised Aug 2021.
    7. Diasakos, Theodoros M, 2013. "Comparative Statics of Asset Prices: the effect of other assets' risk," SIRE Discussion Papers 2013-94, Scottish Institute for Research in Economics (SIRE).
    8. J. Wang, 2016. "Reviews of seismicity around Taiwan: Weibull distribution," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 80(3), pages 1651-1668, February.
    9. Anastasis Kratsios & Cody Hyndman, 2023. "Generative Ornstein-Uhlenbeck Markets via Geometric Deep Learning," Papers 2302.09176, arXiv.org.
    10. Graewe, Paulwin & Popier, Alexandre, 2021. "Asymptotic approach for backward stochastic differential equation with singular terminal condition," Stochastic Processes and their Applications, Elsevier, vol. 133(C), pages 247-277.
    11. Dammann, Felix & Ferrari, Giorgio, 2022. "Optimal Execution with Multiplicative Price Impact and Incomplete Information on the Return," Center for Mathematical Economics Working Papers 663, Center for Mathematical Economics, Bielefeld University.
    12. Dmitry B. Rokhlin & Georgii Mironenko, 2016. "Regular finite fuel stochastic control problems with exit time," Mathematical Methods of Operations Research, Springer;Gesellschaft für Operations Research (GOR);Nederlands Genootschap voor Besliskunde (NGB), vol. 84(1), pages 105-127, August.
    13. Kevin Patrick Darby, 2021. "Time is Money: The Equilibrium Trading Horizon and Optimal Arrival Price," Papers 2104.05844, arXiv.org.
    14. T Kruse & A Popier, 2015. "Minimal supersolutions for BSDEs with singular terminal condition and application to optimal position targeting," Papers 1504.01150, arXiv.org, revised Dec 2015.
    15. Eyal Neuman & Alexander Schied, 2016. "Optimal portfolio liquidation in target zone models and catalytic superprocesses," Finance and Stochastics, Springer, vol. 20(2), pages 495-509, April.
    16. Kruse, T. & Popier, A., 2016. "Minimal supersolutions for BSDEs with singular terminal condition and application to optimal position targeting," Stochastic Processes and their Applications, Elsevier, vol. 126(9), pages 2554-2592.
    17. T Kruse & A Popier, 2015. "Minimal supersolutions for BSDEs with singular terminal condition and application to optimal position targeting," Working Papers hal-01139364, HAL.
    18. Wang, Bin & Wang, Jun, 2021. "Energy futures price prediction and evaluation model with deep bidirectional gated recurrent unit neural network and RIF-based algorithm," Energy, Elsevier, vol. 216(C).
    19. Masashi Ieda, 2015. "A dynamic optimal execution strategy under stochastic price recovery," International Journal of Financial Engineering (IJFE), World Scientific Publishing Co. Pte. Ltd., vol. 2(04), pages 1-24, December.
    20. Fu, Guanxing & Horst, Ulrich & Xia, Xiaonyu, 2022. "Portfolio Liquidation Games with Self-Exciting Order Flow," Rationality and Competition Discussion Paper Series 327, CRC TRR 190 Rationality and Competition.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:nathaz:v:88:y:2017:i:2:d:10.1007_s11069-017-2894-3. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.