Welcome to the RAND Journal of Economics

The purpose of the RAND Journal of Economics, formerly the Bell Journal of Economics, is to support and encourage research in the behavior of regulated industries, the economic analysis of organizations, and more generally, applied microeconomics. Both theoretical and empirical manuscripts in economics and law are encouraged.

The RAND Journal of Economics is published quarterly by The RAND Corporation, in conjunction with Wiley-Blackwell Publishing.

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Winter 2015

Volume 46, Issue 4, Pages 671–917

Winter 2015 Cover

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