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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Summer 2025
Volume 56, Issue 2, Pages 127-230

In This Issue
Why “Energy Price Brakes” Encourage Moral Hazard, Raise Energy Prices, and Reinforce Energy Savings
Information Disclosure in Preemption Races: Blessing or (Winner's) Curse?
Product Development with Lurking Patentees
Manipulative Disclosure
The Buyer Power Effect of Retail Mergers: An Empirical Model of Bargaining with Equilibrium of Fear
On the Ratchet Effect with Product Market Competition