1a. Compare and contrast the approach that tort law vs. administrative law take to reduce risk. (one or two paragraphs)

Answer: Administative law attempts to directly reduce risk prospectively, whereas tort law redresses risks retrospectively. However, the situation is actually somewhat more complicated than this, in that both tort actions and administrative law reduce risk prospectively---specifically, the threat of a tort action should cause people to alter their behavior in ways that will reduce risk.

1b. What types of risk are most effectively controlled by administrative law? What types are best controlled by tort law? Explain and defend your position. (one or two paragraph answer).

1c. In our discussion of risk perception, we learned that risks that are voluntary and under one's own control are perceived as being less serious than they really are. By contrast, risks that are involuntary and beyond one's control are perceived as being more serious than they really are. With respect to these findings, compare and contrast administrative law and tort law, as two alternative approaches to reducing perceived risk. (Note well that the focus of this question is on perceived risk, not actual risk.) (one or two paragraph answer)

2. Substitute "free economic markets" for "tort law" in Question 1.