Seismic risk uses the results of a seismic hazard analysis, and includes both consequence and probability. Seismic risk has been defined, for most management purposes, as the potential economic, social and environmental consequences of hazardous events that may occur in a specified period of time. A building located in a region of high seismic hazard is at lower risk if it is built to sound seismic engineering principles. On the other hand, a building located in a region with a history of minor seismicity, in a brick building located on fill subject to liquifaction can be as high or higher risk.
A special subset is urban seismic risk which looks at the specific issues of cities. Risk determination and emergency response can be also be determined through the use of an Earthquake scenario.
Read more about Seismic Risk: Determination of Seismic Risk, Reduction of Seismic Risk
Famous quotes containing the words seismic and/or risk:
“Most near, most dear, most loved and most far,
Under the window where I often found her
Sitting as huge as Asia, seismic with laughter,”
—George Barker (b. 1913)
“Better risk loss of truth than chance of error—that is your faith-vetoer’s exact position. He is actively playing his stake as much as the believer is; he is backing the field against the religious hypothesis, just as the believer is backing the religious hypothesis against the field.”
—William James (1842–1910)