Supreme Court Upholds Affirmative Action Program at University of Texas. Abigail Fisher, right, with Edward Blum, director of the Project on Fair Representation, left the Supreme Court in Washington after oral arguments in her case last December. Her case argued the University of Texas, Austin, had denied her admission based on her race.
Insider Trading. Insider trading is a poorly defined concept with roots in adverse selection theory and the efficient market hypothesis (EMH). The popular notion is that insiders have an unfair advantage because they possess materially significant and non-public information â an informational asymmetry.
An individual, who believes that the employerâs selection process had an adverse impact on him. He can establish a primia facie case of discrimination. How to show an adverse impact: â¢ Disparate Rejection Rates: It can be shown by comparing the rejection rates for a normal group with the minority group. â¢ Restricted Policy: This approach means showing that the employerâs employment policy unintentionally or unintentionally rejected members of a protected group.