@BOOK{NAP11327, author = "National Research Council", title = "Improved Seismic Monitoring - Improved Decision-Making: Assessing the Value of Reduced Uncertainty", isbn = "978-0-309-09695-9", doi = "10.17226/11327", abstract = "Improved Seismic Monitoring\u2014Improved Decision-Making, describes and assesses the\nvaried economic benefits potentially derived from modernizing and expanding seismic\nmonitoring activities in the United States. These benefits include more effective\nloss avoidance regulations and strategies, improved understanding of earthquake\nprocesses, better engineering design, more effective hazard mitigation strategies,\nand improved emergency response and recovery. The economic principles that must\nbe applied to determine potential benefits are reviewed and the report concludes\nthat although there is insufficient information available at present to fully quantify\nall the potential benefits, the annual dollar costs for improved seismic monitoring\nare in the tens of millions and the potential annual dollar benefits are in the hundreds\nof millions.", url = "https://nap.nationalacademies.org/catalog/11327/improved-seismic-monitoring-improved-decision-making-assessing-the-value-of", year = 2006, publisher = "The National Academies Press", address = "Washington, DC" }