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Pervasive Prejudice? (Paperback, New edition)
Loot Price: R1,187
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Pervasive Prejudice? (Paperback, New edition)
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If you're a woman shopping for a new car, will you really get the
best deal? If you're a man, will you fare better? If you're a black
man waiting to receive an organ transplant, will you have to wait
longer than a white man? In "Pervasive Prejudice?" Ian Ayres
confronts these questions and more. In a series of important
studies he finds overwhelming evidence that in a variety of markets
- retail car sales, bail bonding, kidney transplantation and FCC
licensing - blacks and females are consistently at a disadvantage.
For example, when Ayres sent out agents of different races and
genders posing as potential buyers to more than 200 car dealerships
in Chicago, he found that dealers regularly charged blacks and
women more than they charged white men. Other tests revealed that
it is commonly more difficult for blacks than whites to receive a
kidney transplant because of federal regulations. Moreover, Ayres
found that minority male defendants are frequently required to post
higher bail bonds than their Caucasian counterparts. Traditional
economic theory predicts that free markets should drive out
discrimination, but Ayres's startling findings challenge that
position. Along with empirical research, Ayres offers
game-theoretic and other economic methodologies to show how
prejudice can enter the bargaining process even when participants
are supposedly acting as rational economic agents. He also responds
to critics of his previously published studies included here. These
studies suggest that race and gender discrimination are neither a
thing of the past nor merely limited to the handful of markets that
have been the traditional focus of civil rights laws.
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