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;

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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.

Research Briefs (199)

Would Increased Transparency Improve the Civil Justice System? — Apr 24, 2012

This research brief provides an overview of a collection of essays, a collaborative project by the UCLA-RAND Center for Law and Public Policy, examining the trade-offs between transparency and confidentiality in the civil justice system.

Identifying Civilian Labor Market Realities for Army Officers Making Stay/Leave Decisions — Apr 13, 2012

This report describes the socioeconomic environment officers will encounter if they leave active-duty service and analyzes its potential impact on Army retention and how it can be effectively communicated to officers making stay/leave decisions.

The Cost of Producing Electronic Documents in Civil Lawsuits: Can They Be Sharply Reduced Without Sacrificing Quality? — Apr 11, 2012

According to a RAND study, document review makes up 73 percent of discovery costs. Predictive coding is the most promising option for cutting costs without compromising the quality of the process.

Improving Disabled Veterans' Employment Prospects Using Tax Credits — Apr 11, 2012

Estimates the effects of the 2007 expansion of the Work Opportunity Tax Credit program, which offered tax credits to employers who hired certain groups of veterans, including those with service-connected disabilities.

How Would Eliminating the Individual Mandate Affect Health Coverage and Premium Costs? — Feb 15, 2012

An analysis of the effects of implementing the Affordable Care Act without an individual mandate found that over 12 million people who would have otherwise signed up for coverage will be uninsured and premium prices will increase by 2.4 percent.

Australia's Domestic Submarine Design Capabilities: Options for the Future Submarine — Dec 22, 2011

To design a new naval submarine domestically, Australia's industry and Government will need about 1,000 skilled draftsmen and engineers. Cultivating this workforce could take 15-20 years; partnering with foreign designers could expedite the process.

What Should Be Stocked in War Reserve? A New Method for Allocating Resources — Dec 15, 2011

Describes the methodology used to develop resource allocation and forward positioning recommendations for the sustainment stock portion of Army pre-positioned stocks, given a specific scenario and budget.

Is There a Cheaper and Faster Way to Distribute Medical Supplies? — Nov 29, 2011

Examines whether there is a less costly medical distribution structure for U.S. Central Command that would maintain or improve performance.

Targeted Use of Theater Inventory to Effectively Sustain Overseas Forces While Minimizing Supply Chain Costs — Nov 29, 2011

Discusses how to design a distribution network that takes advantage of the respective strengths of different modes of transportation to meet combatant command needs while minimizing total supply chain costs.

Human Capital Strategy for the Army's Human Resources Command — Nov 17, 2011

To assist the Army's move of its Human Resources Command from the Washington, D.C. area to Fort Knox, Kentucky, RAND Arroyo Center produced personnel competency models and a framework for training to support the future delivery of personnel services.

Economic Assistance During Stability and Support Operations — Nov 16, 2011

Designed to help U.S. Army personnel more effectively use economic assistance to support economic and infrastructure development.

Most Physicians Will Face Malpractice Claims, But Risk of Making Payment Is Low — Sep 16, 2011

The most comprehensive analysis of the risk of malpractice claims by physician specialty in more than two decades finds that U.S. physicians have a greater than 75% career-long risk of facing litigation. In some specialties, doctors can be virtually certain of a lawsuit over the course of their careers. However, the vast majority of those claims will not result in payment to a plaintiff.

Accelerating Health Care Costs Wiping Out Much of Americans' Income Gains — Sep 7, 2011

Fast-rising health care costs have eaten nearly all the income gains made by a median-income American family of four over the past decade, leaving them with just $95 per month in extra income, after accounting for taxes and price increases.

China and India: The Asian Giants are Heading Down Different Demographic Paths — Aug 22, 2011

Discusses contrasting demographic trends in China and India through 2025 and what these imply for each country's economic performance.

Bankruptcy Trusts, Asbestos Compensation, and the Courts — Aug 18, 2011

People with asbestos injuries are increasingly receiving compensation from trusts set up by bankrupt asbestos defendants. This brief documents how courts handling these cases consider trust payments when determining compensation.

How Should Drugs be Identified in Electronic Prescribing Systems? — Jul 20, 2011

RxNorm has potential to improve how medications are represented in e-prescribing transactions.

What New York City's Experiment with Schoolwide Performance Bonuses Tells Us About Pay for Performance — Jul 17, 2011

New York City's Schoolwide Performance Bonus Program did not improve student achievement at any grade level, perhaps in part because it provided no significant additional motivation beyond other accountability incentives.

Should the Joint Medical Education and Training Campus Have an Office of Institutional Research? — Jun 9, 2011

Two goals of the joint medical training and education campus at Ft. Sam Houston are to become a high-performing learning organization and an accredited, degree-granting institution. A research and evaluation capability would help it meet these goals.

How can Europe promote labour force participation and reduce income inequality? — Apr 20, 2011

Improving labour force participation and reducing income inequality require social investment in the groups at risk. This study identifies challenges and suggests ideas for policymakers to improve the situation.

Does Employer-Based Health Insurance Discourage Entrepreneurship and New Business Creation? — Apr 7, 2011

Raises concerns that the bundling of health insurance and employment may discourage business creation.

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