1. It is well established that many users of transportation fail to assess and interpret accurately the safety risks they confront when they drive or ride. What are the major courses of action individuals/governments/societies can take in order to reduce the negative consequences of the inaccurate estimations of risk made by the typical driver or passenger?

2. One of the topics we covered in Econ 301 since the first exam was entitled, "Allow businesses to purchase the right to pollute? Actually, it's not a bad idea." Explain why this is a true statement and how such a system works.