Improved Seismic Monitoring - Improved Decision-Making: Assessing the Value of Reduced Uncertainty

Improved Seismic Monitoring - Improved Decision-Making: Assessing the Value of Reduced Uncertainty

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"Improved Seismic Monitoring - Improved Decision-Making" describes and assesses the varied economic benefits potentially derived from modernizing and expanding seismic monitoring activities in the United States. These benefits include more effective loss avoidance regulations and strategies, improved understanding of earthquake processes, better engineering design, more effective hazard mitigation strategies, and improved emergency response and recovery. The economic principles that must be applied to determine potential benefits are reviewed and the report concludes that although there is insufficient information available at present to fully quantify all the potential benefits, the annual dollar costs for improved seismic monitoring are in the tens of millions and the potential annual dollar benefits are in the hundreds of millions.
LF/111455/R

Data sheet

Name of the Author
Committee on Seismology and Geodynamics
Committee on the Economic Benefits of Improved Seismic Monitoring
National Research Council
Language
English
ISBN
9780309096959
Release date
2006

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Improved Seismic Monitoring - Improved Decision-Making: Assessing the Value of Reduced Uncertainty

"Improved Seismic Monitoring - Improved Decision-Making" describes and assesses the varied economic benefits potentially derived from modernizing and expandi...

Write your review

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