
Will a nuclear weapon detonate in 2024?
This market will resolve to "Yes" if a nuclear weapon is detonated anywhere in the world between July 1, 2024 and December 31, 2024, 11:59 PM ET (inclusive). Otherwise, this market will resolve to "No". For the purpose of this market's resolution, any detonation of a nuclear weapon anywhere on the planet Earth will be sufficient to trigger a "Yes" resolution. This includes offensive usages, nuclear tests, and accidental detonations. Use/launch of a nuclear weapon that fails to detonate, a fake weapon that never detonates, or a dirty bomb that distributes radioactive material by means of a conventional explosion are not sufficient to trigger a "Yes" resolution of this market. Only a successful nuclear detonation will result in a "Yes" resolution. This market may resolve to "Yes" as soon as a nuclear detonation is confirmed by a preponderance of credible reporting. For the purpose of this market's resolution, determination as to whether a detonation was nuclear will be made by a preponderance of credible reporting.
Event Details
Event Analysis
Summary
Analysis
Geopolitical Context
Current State of Nuclear Tensions
- Russia has formally lowered its nuclear use threshold through doctrine changes
- US-supplied weapons enabling Ukrainian strikes deep into Russian territory
- Multiple officials comparing current situation to Cuban Missile Crisis levels of tension
- Russia beginning mass production of nuclear-resistant civilian shelters
Key Risk Factors
Escalation Triggers
- US/NATO support for Ukrainian long-range strikes
- Potential misinterpretation of conventional attacks
- Political transitions (particularly US administration change)
- Territorial disputes and sovereignty claims
Mitigating Factors
- Historical strategic restraint regarding nuclear weapons
- Mutual assured destruction doctrine remains relevant
- International diplomatic channels still functional
- Economic interdependence creating incentives for de-escalation
Probability Analysis
Base Rate Considerations
- No nuclear weapons detonated in conflict since 1945
- ~2070 historical nuclear tests conducted (1945-2017)
- Average of ~28 tests per year during Cold War peak
Risk Multipliers
- Doctrine changes: 2-3x increase in baseline risk
- Political instability: 1.5-2x multiplier
- Advanced conventional capabilities: 1.2-1.5x multiplier
Scenario Analysis
- Intentional Use in Conflict: ~1% probability
- Nuclear Test (including demonstration): ~3% probability
- Accidental Detonation: ~0.5% probability
- False Alarm/No Detonation: ~95.5% probability
Key Monitoring Points
- Implementation details of Russia's new nuclear doctrine
- Escalation patterns in Ukrainian conflict
- US political developments and policy shifts
- Nuclear-capable states' military exercises and tests
- International diplomatic initiatives and crisis management efforts
Prediction
Will a nuclear weapon detonate in 2024?
Sources
- https://www.reuters.com/world/europe/putin-issues-warning-us-with-new-nuclear-doctrine-2024-11-19/
- https://www.reuters.com/world/europe/russia-begins-mass-production-radiation-resistant-mobile-bomb-shelters-2024-11-19/
- https://www.theguardian.com/world/2024/nov/19/putin-warns-us-over-using-long-range-missiles-by-signing-new-nuclear-doctrine-ukraine
- https://www.cnbc.com/2024/11/19/russia-us-tensions-hit-global-markets-as-putin-lowers-the-threshold-for-a-nuclear-strike.html