Observational implications of lowering the LIGO-Virgo alert threshold
Ryan Lynch, Michael Coughlin, Salvatore Vitale, Christopher W. Stubbs,, Erik Katsavounidis

TL;DR
Lowering the LIGO-Virgo alert threshold could significantly increase the number of detected gravitational-wave events with electromagnetic counterparts, but at the cost of higher false alarms, suggesting a need to prioritize alert purity over false-alarm rate.
Contribution
This paper analyzes the impact of lowering detection thresholds on event detection rates, false alarms, and localization costs, proposing purity-based thresholds for EM follow-up.
Findings
Lowering alert thresholds could double detection rates.
False-alarm rate could increase by over 5 orders of magnitude.
Localization area and volume increase are marginal.
Abstract
The recent detection of the binary-neutron-star merger associated with GW170817 by both LIGO-Virgo and the network of electromagnetic-spectrum observing facilities around the world has made the multi-messenger detection of gravitational-wave events a reality. These joint detections allow us to probe gravitational-wave sources in greater detail and provide us with the possibility of confidently establishing events that would not have been detected in gravitational-wave data alone. In this paper, we explore the prospects of using the electromagnetic follow-up of low-significance gravitational-wave event candidates to increase the sample of confident detections with electromagnetic counterparts. We find that the gravitational-wave alert threshold change that would roughly double the number of detectable astrophysical events would increase the false-alarm rate by more than 5 orders of…
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