Spring 2015
    Law No.: LAW7136
    Sched. No.: 115219179

Risk Regulation
Section 1
Livermore, Michael A.

Administrative Information:
During SIS enrollment, check on SIS for real-time enrollment numbers
Days, Times (Room):MTW, 1300-1400 (WB104)
Capacity:44 **This information is current as of 05/22/2015 06:14:34 AM**
Current Enrollment:12 **This information is current as of 05/22/2015 06:14:34 AM**

Course Description:

Risks to public health, financial stability, safety, the environment, and security have become a dominant concern of contemporary governments, both in the United States and globally. Government interventions that seek to manage these risks include pollution control requirements, security protocols at ports, investment limitations for banks, and mandatory automobile recalls. The expanded role for government in managing risk deeply affects the commercial operating environment of businesses; the institutional, political, and legal context of government actors; and the role of individuals as consumers in the marketplace and as citizens in a democracy. For this reason, lawyers in government, the private sector, and public-interest organizations are frequently called on for their expertise in understanding and shaping risk regulation.

Although risks have many specific characteristics, there are institutional approaches and substantive principles that are common to different risk-regulation domains, including methodologies such as risk assessment and cost-benefit analysis; procedural requirements that facilitate transparency, oversight, and public participation; challenges of uncertainty and expertise; and values such as precaution, autonomy, and well-being. This course focuses on the cross-cutting elements of risk regulation to provide students with a set of general tools and concepts that can inform area-specific advanced courses and be applied in many different practice settings. This course complements the material covered in Administrative Law.