This title confronts questions of racial and gender discrimination. In a series of studies, Ian Ayres 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.

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.