Through case studies and economic modeling, this research on government strategic investment will help acquisition managers evaluate strategic investment methods to motivate mission-oriented innovation by private firms.
Defense analysis can better serve policymakers by exploiting improvements in the state of the art and by rediscovering and supplementing classic principles. These relate to multiple objectives and hedging against uncertainty.
A new method for estimating the costs of counterfeiting was published today by RAND Europe. The approach uses market data to estimate the effects of intellectual property rights infringements, such as counterfeit products, on sales of legitimate goods.
Globalization, integrated markets, and the Internet economy have contributed to the rise in IPR infringements. RAND developed a methodology based on economic theory to contribute to quantifying the scope, scale, and impact of IPR infringements, such as counterfeiting, unauthorized downloads, and piracy.
RAND Europe explored trends in alcohol pricing policies prevalent in many EU Member States such as price promotions and discounts both off-premise (e.g. supermarkets) and on-premise (e.g. restaurants and pubs), as well as analysing the impact of changes in excise duty on purchase price. Findings suggest that, depending on the price sensitivity of consumers and other strategies employed by suppliers (e.g. advertising), changes in excise duty may be an effective instrument to reduce harmful alcohol consumption.
To examine alternative approaches for estimating the benefits of U.S. regulations designed to reduce the risks of terrorist attacks, RAND convened a workshop of experts. Their recommendations address cross-cutting issues such as transparency, as well as opportunities for better modeling and data collection.
This paper proposes a simple methodology that empirically identifies the separate effects of entry and size restrictions on aggregate productivity, and uses it to analyse the impact of a policy reform in India.
This project addressed the lack of comparable health measures and indices across nations by developing a cross-national model for measuring health status. In applying the measures to several nations, the study found significant variability in genuine health that correlates most closely with national income.
The Article argues that the economic analysis of tort law has yet to satisfactorily answer a critical threshold question: which of the many inputs that lead to an accident should be included in a court's liability analysis?
In economic analysis, the cost isoquant between two different commodities from the point of view of a purchaser or a producer is in the general (possibly noncompetitive) case assumed to be concave to the origin.
Adjunct Senior Economist; Faculty, Pardee RAND Graduate School
Education Ph.D. in economics, University College London; M.Sc. in economics, University College London; B.A. in economics, Instituto Tecnológico Autónomo de México (ITAM)