Fisher vs. Bayes : A comparison of parameter estimation techniques for massive black hole binaries to high redshifts with eLISA
Edward K. Porter, Neil J. Cornish

TL;DR
This study compares Fisher matrix and Bayesian inference methods for estimating parameters of massive black hole binaries with eLISA, demonstrating Bayesian methods provide more reliable estimates at high redshifts.
Contribution
The paper presents a Bayesian inference analysis for high-redshift black hole binaries, highlighting its advantages over the Fisher matrix approach in gravitational wave parameter estimation.
Findings
Bayesian inference yields finite error estimates for all sources.
eLISA can localize sources up to redshift z~13.
Maximum errors: <1% in chirp mass, <20% in reduced mass, ~60° in inclination.
Abstract
Massive black hole binaries are the primary source of gravitational waves (GW) for the future eLISA observatory. The detection and parameter estimation of these sources to high redshift would provide invaluable information on the formation mechanisms of seed black holes, and on the evolution of massive black holes and their host galaxies through cosmic time. The Fisher information matrix has been the standard tool for GW parameter estimation in the last two decades. However, recent studies have questioned the validity of using the Fisher matrix approach. For example, the Fisher matrix approach sometimes predicts errors of in the estimation of parameters such as the luminosity distance and sky position. With advances in computing power, Bayesian inference is beginning to replace the Fisher matrix approximation in parameter estimation studies. In this work, we conduct a…
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