Statutes: Resale Prices Act, 1964

Circumventing environmental policy: does the Americans with Disabilities Act provide protection where environmental statutes don't?

Auctions with entry and resale

We study how resale affects auctions with costly entry in a model where bidders possess twodimensional private information signals: entry costs and valuations. We establish the existence of symmetric entry equilibrium and identify sufficient conditions under which the equilibrium is unique. Our analysis suggests that the opportunity of resale affects both entry and bidding, and, in particular, ...

Hospitals and Title VI of the Civil Rights Act of 1964.

Viewing Health Equity through a Legal Lens: Title VI of the 1964 Civil Rights Act.

Enacted as part of the watershed Civil Rights Act of 1964, Title VI prohibits discrimination by federally assisted entities on the basis of race, color, or national origin. Indeed, the law is as broad as federal funding across the full range of programs and services that affect health. Over the years, governmental enforcement efforts have waxed and waned, and private litigants have confronted b...

Collusion via Resale

The English auction is susceptible to tacit collusion when post-auction inter-bidder resale is allowed. We show this by constructing equilibria where, with positive probability, one bidder wins the auction without any competition and divides the spoils by optimally reselling the good to the other bidders. These equilibria interim Pareto dominate (among bidders) the standard value-bidding equili...