RAND Corporation

RAND Corporation
Rand Corporation logo.svg
PredecessorIndividuals of Douglas Aircraft Company
FormationMay 14, 1948; 71 years ago (1948-05-14)
FoundersHenry H. "Hap" Arnold
Donald Douglas
Curtis LeMay
TypeGlobal policy think tank[1]
95-1958142
Legal statusNon-profit corporation
PurposePolicy analysis
HeadquartersSanta Monica, California, U.S.
Coordinates34°00′35″N 118°29′26″W / 34°00′35″N 118°29′26″W / 34.009599; -118.490670

RAND Corporation ("Research ANd Development")[7] is an American nonprofit global policy think tank[1] created in 1948 by Douglas Aircraft Company to offer research and analysis to the United States Armed Forces. It is financed by the U.S. government and private endowment,[6] corporations,[8] universities[8] and private individuals.[8] The company has grown to assist other governments, international organizations, private companies and foundations, with a host of defense and non-defense issues, including healthcare. RAND aims for interdisciplinary and quantitative problem solving by translating theoretical concepts from formal economics and the physical sciences into novel applications in other areas, using applied science and operations research.

Overview

RAND has approximately 1,850 employees. Its American locations include: Santa Monica, California (headquarters); Arlington, Virginia; Pittsburgh, Pennsylvania; the San Francisco Bay Area; and Boston, Massachusetts.[9] The RAND Gulf States Policy Institute has an office in New Orleans, Louisiana. RAND Europe is located in Cambridge, United Kingdom, and Brussels, Belgium.[10] RAND Australia is located in Canberra, Australia.[11]

RAND is home to the Frederick S. Pardee RAND Graduate School, one of eight original graduate programs in public policy and the first to offer a PhD. The program aims to provide practical experience for its students, who work with RAND analysts on real-world problems. The campus is at RAND's Santa Monica research facility. The Pardee RAND School is the world's largest PhD-granting program in policy analysis.[12] Unlike many other universities, all Pardee RAND Graduate School students receive fellowships to cover their education costs. This allows them to dedicate their time to engage in research projects and provides them on-the-job training.[12] RAND also offers a number of internship and fellowship programs allowing students and outsiders to assist in conducting research for RAND projects. Most of these projects are short-term and are worked on independently with the mentoring of a RAND staff member.[13]

RAND publishes the RAND Journal of Economics, a peer-reviewed journal of economics.

Thirty-two recipients of the Nobel Prize, primarily in the fields of economics and physics, have been associated with RAND at some point in their career.[14][15]

Other Languages
Afrikaans: RAND Korporasie
العربية: مؤسسة راند
čeština: RAND Corporation
español: RAND
français: RAND Corporation
한국어: 랜드 연구소
Bahasa Indonesia: RAND Corporation
עברית: מכון ראנד
Nederlands: RAND Corporation
português: RAND Corporation
română: RAND
Simple English: RAND Corporation
slovenčina: RAND Corporation
українська: RAND
中文: 兰德公司