Researchers frequently require a quantitative understanding of the likely consequences of different actions before they can advise decisionmakers and design effective policies. RAND develops and uses statistical, econometric, and other exploratory models and simulations to analyze the potential outcomes of different policies in a range of areas such as transportation usage, health care, patient safety, and military campaigns.
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RAND Europe's "Choice Modelling and Valuation" group provides specific expertise in using discrete choice modeling methods to understand and predict choice behavior as a result of policy intervention. This work is frequently undertaken in the transport sector, but expertise is increasingly applied in sectors including health and social care, post and communications, and provision of regulated consumer services.
News Releases (3)
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.
The RAND Corporation, Risk Management Solutions, Inc. (RMS) and private investors have launched a company named Praedicat, Inc., that will provide consulting services and software to the property and casualty insurance industries.
Eliminating a key part of health care reform that requires all Americans to have health insurance would sharply lower the number of people gaining coverage, but would not dramatically increase the cost of buying policies through new insurance exchanges.
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