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Market Regulation

Commentary
Political Manifestos Should Do Better Than “Legalise It”
After years of political deadlock, a new era for drug policy in the Netherlands seems to be on the horizon. At least two factors are increasing politicians' appetite for change: increased awareness of the problems of drug-related organized crime in the Netherlands, and Dutch drug policy no longer being ahead of the curve.
Nov 21, 2023
Report
Barriers to the Commercialization and Adoption of New Underground Coal Mining Technologies in the United States
This report characterizes barriers to the development, commercialization, and adoption of new technologies for use in underground coal mining in the United States using input from structured interviews and a workshop with industry representatives.
Nov 1, 2023
Journal Article
Does Removing Menthol Cigarettes in Convenience Stores Reduce Susceptibility to Cigarette Smoking?
Conducted in the RAND StoreLab — a life-sized research convenience store — researchers evaluated whether the absence of menthol products from a convenience store influenced young people’s susceptibility to cigarette smoking.
Sep 5, 2023
Report
Assessing the Readiness for Human Commercial Spaceflight Safety Regulations
What is the progress of the commercial space industry in adopting voluntary standards for participant safety, and towards meeting key metrics that would indicate readiness for regulation?
Apr 3, 2023
Commentary
Financial Panic in the Age of Digital Banking and Social Media
Bank runs as a source of systemic risk are nothing new. To manage systemic risks in the age of social media, regulators may need to anticipate where the crisis will go and build in automatic brakes to slow them down. There likely won't be time to react at the speed of negotiation between regulators and bankers.
Mar 14, 2023
Commentary
Cannabis Legalization in Europe: Planning Ahead
Since 2012, multiple jurisdictions have changed their laws to legalize the production, possession, and use of cannabis for nonmedical purposes. While most of these changes took place in the Americas, there are signs that the European legal landscape might be changing, too.
Nov 9, 2022
Commentary
Microbiome-Based Health and Wellness Innovation
Microbiome research and development may lead to an increasing number of therapeutic and well-being breakthroughs. But regulating microbiota-related products poses a challenge that could require innovative approaches.
Jul 6, 2022
Commentary
Green Light for Cannabis Legalisation in Germany Is Not a Clear-Cut Decision
The new “traffic light” coalition in Germany recently agreed to regulate the sale of cannabis to adults for recreational purposes in licensed shops. International experience has shown that great care is needed in how cannabis policy is shaped.
Dec 6, 2021
Journal Article
Acknowledging and Monitoring the Costs of Seriously Regulating Cannabis
Wilkins & Rychert highlight challenges to achieving the Cannabis Legalization and Control Bill's objectives of reducing cannabis use and harms.
Apr 13, 2021
Journal Article
How High: Differences in the Developments of Cannabis Markets in Two Legalized States
This paper is the first to examine cannabis market data from Washington alongside that from Oregon, two states that are similar in regard to legalizing retail sales of cannabis but differ in terms of their regulatory frameworks.
Apr 13, 2021
Report
Prototyping Using Other Transactions: Case Studies for the Acquisition Community
Through literature reviews, interviews, and case studies, researchers reviewed recent U.S. Air Force experience in using other transactions for prototype projects (OTs), identifying lessons for acquisition professionals and improvements for use.
Aug 31, 2020
Commentary
Too Interconnected to Fail
The 2007–08 financial crisis made regulators and lawmakers acutely aware that some financial institutions had become too big to fail. The next big economic crisis may arise outside the financial sector, in highly networked companies that are too interconnected to fail.
Aug 22, 2020
Journal Article
Abuses of FDA Regulatory Procedures: The Case of Suboxone
In the profitable buprenorphine market, pharmaceutical manufacturer Reckitt Benckiser exploited various Food and Drug Administration regulatory procedures to impede entry of generic competitors and maintain elevated prices.
Apr 29, 2020
Journal Article
Generic Drug Policy and Suboxone to Treat Opioid Use Disorder
In this article, the authors use the case of Suboxone to demonstrate egregious anti-competitive practices that delay generic entry, estimate the costs of these delays to the public, and suggest legislative and regulatory reforms to prevent these practices going forward.
Apr 28, 2020
News Release
Graphic Warning Labels on Tobacco Packages Can Deter Some Smokers
Placing graphic anti-smoking warning labels on cigarette packages may deter some adults from purchasing tobacco products. But the strategy is unlikely to influence smokers who are most addicted to nicotine.
Apr 9, 2019
Journal Article
The Impact of Labor Market Regulation on Employment in Low-Income Countries: A Meta-Analysis
We conclude that the evidence for LICs (and recent LICs) points to a negative effect of regulations on formal employment, and a compensating positive effect on informal employment.
Sep 19, 2018
Journal Article
The Impact of Trade Liberalization on Productivity: Evidence from India's Formal and Informal Manufacturing Sectors
This paper was first to consider the effects of India's tariff liberalization on the entire manufacturing industry, both small, informal firms and large, formal firms. The overall effect of the trade reforms is increased productivity in both sectors.
Sep 19, 2018
Commentary
Regulating Infrastructures in the Tropics
Regulation helps address the demands of investors who are seeking assurances that their investments are safe, while also reassuring democratically elected governments. Regulatory reform could help Brazil attract more private investment in its infrastructure.
May 26, 2017
Commentary
Inching Toward Reform: Trump's Deregulation and Its Implementation
How well does President Donald Trump's plans for a regulation roll-back address the concerns of those who have long supported regulatory reform, and how can agencies best tackle the challenges and opportunities of implementation?
May 18, 2017
Report
Regulation of logistics infrastructure in Brazil
This report deals with the regulation of logistics infrastructures in Brazil, focusing in particular on the federal level. Brazil, one of the key emerging economies in the world, has a particular need for developing logistics infrastructures.
May 8, 2017

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Researcher Spotlight

Benjamin M. Miller

Economist

Benjamin Miller is an economist at RAND, a professor of policy analysis at the Pardee RAND Graduate School, and a research quality assurance manager for RAND's Social and Economic Well-Being Division.
Jennifer Lamping Lewis

Senior Economist

Jennifer Lamping Lewis is a senior economist at the RAND Corporation and a member of the Pardee RAND Graduate School faculty. She has applied her expertise in game theory, market design, auctions and procurement competitions, and statistical analysis to a variety of issues in defense acquisition…

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