Seismic riskSeismic risk refers to the risk of damage to a building, system, or other entity from an earthquake. 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 liquefaction can be as high or higher risk.
SeismologySeismology (saɪzˈmɒlədʒi,_saɪs-; from Ancient Greek σεισμός (seismós) meaning "earthquake" and -λογία (-logía) meaning "study of") is the scientific study of earthquakes (or generally, quakes) and the propagation of elastic waves through the Earth or other planetary bodies. It also includes studies of earthquake environmental effects such as tsunamis as well as diverse seismic sources such as volcanic, tectonic, glacial, fluvial, oceanic, atmospheric, and artificial processes such as explosions.
Reflection seismologyReflection seismology (or seismic reflection) is a method of exploration geophysics that uses the principles of seismology to estimate the properties of the Earth's subsurface from reflected seismic waves. The method requires a controlled seismic source of energy, such as dynamite or Tovex blast, a specialized air gun or a seismic vibrator. Reflection seismology is similar to sonar and echolocation. Reflections and refractions of seismic waves at geologic interfaces within the Earth were first observed on recordings of earthquake-generated seismic waves.
DemandIn economics, demand is the quantity of a good that consumers are willing and able to purchase at various prices during a given time. The relationship between price and quantity demand is also called the demand curve. Demand for a specific item is a function of an item's perceived necessity, price, perceived quality, convenience, available alternatives, purchasers' disposable income and tastes, and many other options. Innumerable factors and circumstances affect a consumer's willingness or to buy a good.
Earthquake-resistant structuresEarthquake-resistant or aseismic structures are designed to protect buildings to some or greater extent from earthquakes. While no structure can be entirely impervious to earthquake damage, the goal of earthquake engineering is to erect structures that fare better during seismic activity than their conventional counterparts. According to building codes, earthquake-resistant structures are intended to withstand the largest earthquake of a certain probability that is likely to occur at their location.
Seismic base isolationSeismic base isolation, also known as base isolation, or base isolation system, is one of the most popular means of protecting a structure against earthquake forces. It is a collection of structural elements which should substantially decouple a superstructure from its substructure that is in turn resting on the shaking ground, thus protecting a building or non-building structure's integrity. Base isolation is one of the most powerful tools of earthquake engineering pertaining to the passive structural vibration control technologies.
Adverse effectAn adverse effect is an undesired harmful effect resulting from a medication or other intervention, such as surgery. An adverse effect may be termed a "side effect", when judged to be secondary to a main or therapeutic effect. The term complication is similar to adverse effect, but the latter is typically used in pharmacological contexts, or when the negative effect is expected or common. If the negative effect results from an unsuitable or incorrect dosage or procedure, this is called a medical error and not an adverse effect.
P waveA P wave (primary wave or pressure wave) is one of the two main types of elastic body waves, called seismic waves in seismology. P waves travel faster than other seismic waves and hence are the first signal from an earthquake to arrive at any affected location or at a seismograph. P waves may be transmitted through gases, liquids, or solids. The name P wave can stand for either pressure wave (as it is formed from alternating compressions and rarefactions) or primary wave (as it has high velocity and is therefore the first wave to be recorded by a seismograph).
Effective demandIn economics, effective demand (ED) in a market is the demand for a product or service which occurs when purchasers are constrained in a different market. It contrasts with notional demand, which is the demand that occurs when purchasers are not constrained in any other market. In the aggregated market for goods in general, demand, notional or effective, is referred to as aggregate demand. The concept of effective supply parallels the concept of effective demand.
Cross elasticity of demandIn economics, the cross (or cross-price) elasticity of demand measures the effect of changes in the price of one good on the quantity demanded of another good. This reflects the fact that the quantity demanded of good is dependent on not only its own price (price elasticity of demand) but also the price of other "related" good. The cross elasticity of demand is calculated as the ratio between the percentage change of the quantity demanded for a good and the percentage change in the price of another good, ceteris paribus:The sign of the cross elasticity indicates the relationship between two goods.
