Alaska

Short-term seismic risk models are used to detect high-risk seismic time-windows before major earthquakes near Anchorage. These models have a significant impact on the city's finances as they allow for the preparation and mitigation of potential damage. By detecting the potential for earthquakes, businesses and residents are able to make necessary adjustments, such as reinforcing buildings or purchasing insurance, to protect their assets. Additionally, the city government can allocate resources and funds to prepare for potential disasters.