Hazard refers to something that has the potential to cause harm; risk is the likelihood of harm occurring due to that hazard.
1 Should regulations be based on a hazard classification (that is the potential for a substance, activity or process to cause harm or adverse effect) or a risk (a combination of the likelihood and the severity of a substance, activity or process to cause harm) assessment? 2 In other words...
Unsystematic risk, also known as specific risk or idiosyncratic risk, is a category of risk that only affects an industry or a particular company. Unsystematic risk is the risk of losing an investment due to company or industry-specific hazard. Examples include a change in m...
Seismic hazard is a natural phenomenon such as ground shaking, fault rupture, or soil liquefaction that is generated by an earthquake, whereas seismic risk is the probability that humans will incur loss or damage to their built environment if they are exposed to a seismic hazard. In other ...
Risk-oriented vs hazard-oriented decision-making for opening and closing of traffic routes Various methods have been proposed in the last decade to determine the maximum credible earthquake for seismic structural design purposes. Uniform risk and uniform hazard approaches are the two ways to investigate...
Unsystematic risk is a company or industry-specific hazard that is inherent in each investment. Learn how to reduce unsystematic risks in your investments.
A risk assessment matrix shows the likelihood of events happening and the potential consequences. In the following example,Likelihoodrefers to the level of possibility that a person could be injured if exposed to a hazard, whileImpactrefers to the severity of the injury. ...
estimates (odds ratio [OR], risk ratio [RR], or hazard ratio [HR]) and their 95% confidence intervals (CIs), or provided sufficient data to calculate these estimates. In cases where multiple publications were based on the same dataset, those with more complete information were selected. ...
The investigators did not find an increased risk of cancer with the use of basal insulin glargine (hazard ratio for cancer, 1.00). At the present time, it is not conclusive whether there is an increased risk of malignancy from exogenous insulin that warrants a change in the clinical practice...
Based on the slope unit, the risk analysis of slope geological disasters and the vulnerability risk assessment of hazard-bearing bodies were carried out to form the block plan. On an individual scale, based on the analysis of rainfall extreme value, the variation law of landslide seepage field ...