What is the difference between volcanic hazard assessment and volcanic risk assessment?
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A
Hazard assessment measures lava viscosity; risk assessment measures eruption frequency
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B
Hazard assessment evaluates the probability and potential impact of volcanic phenomena (lava flows, pyroclastic density currents, lahars, tephra); risk assessment combines hazard with vulnerability and exposure of human and built environment to estimate potential losses
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C
Hazard assessment applies only to active volcanoes; risk assessment applies to all geologic hazards
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D
Hazard assessment is conducted by volcanologists; risk assessment is conducted only by insurance companies