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| Risk Analysis |

| Introduction |
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| Introduction |
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Risk analysis is usually defined either by its components and/or its processes. The Society for Risk Analysis (http://www.sera.org/) offers the following definitions of “risk analysis”
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| Risk Analysis and Decision Making |
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| Risk Analysis and Decision Making |
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Risk analysis provides a clearly defined framework for a structured, repeatable process, thereby removing to a large extent, ad hoc and arbitrary decision-making with regards to requests to import aquatic animals and their products.
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| The General Risk Analysis Process |
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| The General Risk Analysis Process |
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Although the operational frameworks and terminology used by the various sectors dealing with risk analysis in aquaculture vary significantly (see Reantaso, Arthur and Subasinghe 2008
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| Hazard Identification in Aquaculture |
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| Hazard Identification in Aquaculture |
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All risk analysis sectors involve the assessment of risk posed by a threat or hazard. The definition of hazard depends on the sector and the perspective from which risk is viewed (e.g. risks to aquaculture or risks from aquaculture).
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| Risk Assessment Methods in Aquaculture |
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| Risk Assessment Methods in Aquaculture |
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Risk assessment methods vary considerably depending on the risk analysis sector (see Reantaso, Arthur and Subasinghe 2008; available at: insert link when available). The risk assessment component of import risk analysis consists of four components.
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| Risk Management in Aquaculture |
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| Risk Management in Aquaculture |
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Risk management is the process of identifying, selecting and implementing measures that can be applied to reduce the level of risk. In the risk evaluation step of pathogen risk management, the unmitigated risk estimate for the hazard is compared with the level of risk acceptable to the importing country (based on the national appropriate level of protection (ALOP)).
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Risk communication is an essential component of any risk analysis that is conducted or commissioned by a public-sector agency (e.g. Competent Authority) and where multiple stakeholders may be involved. Such risk analyses may involve or have potential impacts upon the mandates and current and/or potential activities a large number of agencies, organizations and individuals.
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Some basic principles that appear to be common to all types of risk analysis involve the broader concepts of common sense, uncertainty, precaution, objectivity, transparency, consistency, scientific validation, stakeholder consultation, stringency, minimal risk management,
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