Law and Business

RAND work in law, business, and regulation includes analyses of alternative dispute resolution, asbestos litigation, workers' compensation, insurance, and other civil justice matters. This research often has implications for the private sector, such as entrepreneurs facing legal and regulatory hurdles, or multinational corporations dealing with corporate ethics and governance issues.

Research conducted by: RAND Law, Business, and Regulation; RAND Institute for Civil Justice; RAND Labor and Population; Environment, Energy, and Economic Development Program; RAND Europe; Center for Terrorism Risk Management Policy;

Featured at RAND

Directors as Guardians of Compliance and Ethics Within the Corporate Citadel

The collapse of financial markets in late 2008 has invited renewed questions about the governance, compliance, and ethics practices of firms. RAND convened a symposium to explore the perspective and role of corporate boards of directors in overseeing ethics and compliance matters within their firms.

Journal Articles (1196)

Strategic Value of African Tribal Art: Auction Sales Trends as Cultural Intelligence — Apr 1, 2012

This paper explores the potential of the art market for open-source intelligence assessments of cultural security.

Survey Results Show That Adults Are Willing to Pay Higher Insurance Premiums for Generous Coverage of Specialty Drugs — Apr 1, 2012

This study estimated how healthy people value insurance coverage of specialty drugs, defined as high-cost drugs that treat cancer and other serious health conditions like multiple sclerosis, by quantifying willingness to pay via a survey.

An Analysis of Whether Higher Health Care Spending in the United States Versus Europe Is 'Worth It' in the Case of Cancer — Apr 1, 2012

The higher-cost US system of cancer care delivery may be worth it, although further research is required to determine what specific tools or treatments are driving improved cancer survival in the United States.

Consumers' and Providers' Responses to Public Cost Reports, and How to Raise the Likelihood of Achieving Desired Results — Apr 1, 2012

Public reporting of health care costs is intended to motivate consumers to choose lower cost providers, and motivate providers to lower costs to retain market share. Measures should be chosen based on which pathway policymakers intend to influence.

Do Small-Group Health Insurance Regulations Influence Small Business Size? — Mar 1, 2012

State small-group health insurance reforms, implemented in the 1990s, aimed at controlling the variability of health insurance premiums and to improve access to health insurance. These reforms only affected firms within a specific size range, and as a result, they may have affected the size of small firms around the legislative threshold and may also have affected the propensity of small firms to offer health insurance.

Innovation Networks: More Than Just a Metaphor? — Mar 1, 2012

Networks are increasingly invoked by contemporary economists as a novel mode of organising human endeavours, somewhere between price markets and command hierarchies, somehow able to produce coordinated coherence. The book emerges from a European Commission project aimed at developing new indicators and measures of innovation.

Rules Allowing Small Businesses to Opt Out of Health Reform Should Have Minor Impact on Insurance Cost — Feb 8, 2012

Rules that allow some small employers to avoid regulation under the federal Affordable Care Act are unlikely to have a major impact on the future cost of health insurance unless those rules are relaxed to allow more businesses to opt out.

Financial Burden of Prescription Drugs Is Dropping, but Costs Remain a Challenge for Many Families — Feb 8, 2012

The financial burden Americans face paying out-of-pocket costs for prescription drugs has declined, although prescription costs remain a significant challenge for people with lower incomes and those with public insurance.

Sources of Regional Variation in Medicare Part D Drug Spending — Feb 1, 2012

Regional variation in Medicare Part D spending for prescription drugs results largely from differences in the cost of drugs selected rather than prescription volume.

The Association of Health Insurance and Disease Impairment with Reported Asthma Prevalence in U.S. Children — Feb 1, 2012

This article tests the hypotheses that reported asthma prevalence is higher among insured than uninsured children and that insurance-based differences in asthma diagnosis, treatment, and health care utilization are associated with disease severity.

What Oregon's Parity Law Can Tell Us About the Federal Mental Health Parity and Addiction Equity Act and Spending on Substance Abuse Treatment Services — Feb 1, 2012

Oregon's experience suggests that behavioral health insurance parity that places restrictions on how plans manage the benefit may lead to increases in expenditures for alcohol treatment services but is unlikely to lead to increases in spending for other drug abuse treatment services.

Crowdsourcing Based Business Models: In Search of Evidence for Innovation 2.0 — Jan 1, 2012

Open innovation has gained increased attention as a potential paradigm for improving innovation performance. This paper addresses crowdsourcing, an under-researched type of open innovation that is often enabled by the web.

Impact of the Recession on Age Management Policies: Case Study: KPN, the Netherlands — Jan 1, 2012

In the Netherlands employers were encouraged to invest more in education and training instead of preferential age-related benefits, as part of efforts to make employing older staff more attractive to companies.

Impact of the Recession on Age Management Policies: Case Study: BARCO, Belgium — Jan 1, 2012

According to representatives of the company interviewed for this case study, there has been a greater willingness to recruit people aged 50 or more during the economic cycle of the past two to three years, but this is cyclical.

Impact of the Recession on Age Management Policies: Case Study: DHV, the Netherlands — Jan 1, 2012

DHV, a company reliant on the knowledge and personal skills of people, has placed strong emphasis on training and development, on promoting a healthy workforce, as well as on new ways of working, all of which provide more freedom for workers to choose the means to do their work.

Impact of the Recession on Age Management Policies: Case Study: Vienna General Hospital (AKH Wien), Austria — Jan 1, 2012

Vienna General Hospital sees the importance of the tackling the issue of ageing in terms of organisational strategy, organisational culture, personal development, organisation of work, and individual health of employees.

Impact of the Recession on Age Management Policies: Case Study: Abengoa, Spain — Jan 1, 2012

Abengoa has HR practices and policies that promote the employability and mobility of all workers regardless of age. The organisation also has specific age management policies including partial retirement policies.

Impact of the Recession on Age Management Policies: Case Study: Ford, Spain — Jan 1, 2012

In Spain, the Ford Collective Agreement has some specific policies aimed at older workers that affect seniority bonuses and retirement practices.

A Search-Theoretic Model of the Retail Market for Illicit Drugs — Jan 1, 2012

How legalizing marijuana would affect consumption and tax revenues will depend on many design choices including tax level, incentives for a continued black market, whether advertising is restricted, and how the regulatory system is designed and adjusted.

Impact of the Recession on Age Management Policies: Case Study: Borealis Agrolinz Melamine GmbH, Austria — Jan 1, 2012

While age management at the Borealis Group has always made use of generous regulations for early retirement there has also been a movement to maintain older workers in the workplace by creating sustainable work processes and adapting work practices to take into account employees' needs.

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