SelectedWorks @ Chapman University Dale E. Fowler School of Law
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Federal Legislation and States Rights: Of Hapless Toads, Home-Grown Medical Marijuana, and Wiccan Worship in State Prisons
No full textMarket Power and Price Movements over the Business Cycle
No full textThis paper develops and tests implications of an oligopoly-pricing model. The model predicts that during a demand expansion, the short run competitive price is a pure strategy Nash equilibrium but in a recession, firms set prices above the competitive price. Thus, price markups over the competitive price are countercyclical. Prices set during a recession are more variable than prices set in expansions because firms employ mixed strategy pricing in recessions. The empirical analysis utilizes Hamilton\u27s time series switching regime filter to test the predictions of the model. Fourteen out of fifteen industries have fluctuations consistent with this oligopoly-pricing model
Multicultural Perspectives on Delinquency Among African American Youth: Etiology and Intervention
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An Experimental Analysis of the Effects of Automated Mitigation Procedures on Investment and Prices in Wholesale Electricity Markets
No full textIn this paper we report the findings of an experiment that examines the effects of automated mitigation procedures (AMP) on capacity investment prices of suppliers in a wholesale electricity market. Specifically, in a 2 x 2 design we examine the effects of strong and weak market power incentives on markets with and without the AMP. We find that a type of soft relative offer cap does not affect overall investment in capacity. The AMP also does not reduce long-run wholesale electricity prices relative to markets in which no mitigation mechanism is in operation. The factor with the most significant effect on long-run prices is investment in new capacity
Is the Solomon Amendment F.A.I.R.: Some Thoughts on Congress\u27s Power to Impose this Condition on Federal Spending
No full textIn this article, I explore the constitutionality of the Solomon Amendment, by which Congress required that recipients of federal grants to institutions of higher education permit the military to conduct job interviews on campus despite the institution\u27s objection to the military\u27s ban on homosexuality in the military. I first consider the constitutionality of the spending program on which the Solomon Amendment imposed conditions, recognizing that spending for education is not part of the enumerated powers of Congress. I then consider Congress\u27s power to raise and support armies, and concludes that a plausible, originalist argument can be made that federal support for higher education may be a constitutionally adequate means toward that end and that this is, in fact, the strongest ground for federal spending on higher education. Conditions on that spending such as the Solomon Amendment, which insure that the federal grants supports the constitutionally valid purpose, are therefore not only constitutional but may well be necessary to render valid the federal spending program itself
