Abstract
ABSTRACT Natural hazards such as floods, tsunamis, wildfire res, droughts, landslides, volcanic eruptions, windstorms, and earthquakes exist everywhere in the world. Earthquakes can pose the greatest threat to human lives, property, and economic development in our society. We review tools that have been developed to assist the earthquake risk management process. We also propose two mechanisms for earthquake risk management: one to possibly better predict earthquake damage magnitude (prediction markets), the other to prepare response team performance (recognition primed decision-making). In conjunction with broader use of information system technology, it may be possible to improve preparedness and response.
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