On Availability Discrimination under Rent Control
运用统计歧视和搜索理论，分析房东在租金管制下无法按租户类型差异化定价时，如何决定是否出租空置单元以及等待优质租户的时间。
Statistical discrimination and search theory approaches are used to consider the behavior of a landlord with a vacant rental unit. Often, and especially under rent control, rents cannot be differentiated by tenant type, although the expected (maintenance and removal) costs of observationally separable tenant groups may differ. Assuming that prospective tenants appear according to a random process when sought, we solve the landlord's decision problems: (i) whether he should search for a tenant or keep the rental unit unoccupied and (ii) if search is undertaken, how long he should wait for a good tenant.