Earthquakes are nearly impossible to forecast, but a technique borrowed from economics and finance can now help us estimate the risk that a big one" is nigh. Seismic now casting, as it is called, assesses the current risk of a major earthquake in a given quake-prone area based on the areas history of smaller tremors. Now casting gives a snapshot of risk, where as forecasting seeks to predict the date of a future event. It's akin to formulas that use the latest fluctuating data to evaluate whether there's a downturn looming in an economy or industry
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