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RAND Corporation
Rand Corporation logo.svg

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The RAND Corporation headquarters in Santa Monica
PredecessorIndividuals of Douglas Aircraft Company
FormationMay 14, 1948; 72 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 / 34.009599°N 118.490670°W / 34.009599; -118.490670Coordinates: 34°00′35″N 118°29′26″W / 34.009599°N 118.490670°W / 34.009599; -118.490670
Region
Worldwide
President and CEO
Michael D. Rich[2]
RAND Leadership
Jennifer Gould
Andrew R. Hoehn
Winfield A. Boerckel
Allison Elder
Mike Januzik
Susan L. Marquis
Eric Peltz
Naveena Ponnusamy
Charles P. Ries
Melissa Rowe
Debra L. Schroeder[2]
President, RAND Europe
Hans Pung[2]
Bonnie G. Hill
Joel Z. Hyatt
Paul G. Kaminski
Ann McLaughlin Korologos
Philip Lader
Peter Lowy
Michael Lynton
Ronald L. Olson
Mary E. Peters
David L. Porges
Donald B. Rice
Michael D. Rich
Hector Ruiz
Leonard D. Schaeffer[3]
SubsidiariesRAND Europe
Frederick S. Pardee RAND Graduate School
AffiliationsIndependent
Revenue (2014)
Increase$351.7 millionRAND 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]

History

Project RAND

RAND was created after individuals in the War Department, the Office of Scientific Research and Development, and industry began to discuss the need for a private organization to connect operational research with research and development decisions.[13] On 1 October 1945, Project RAND was set up under special contract to the Douglas Aircraft Company and began operations in December 1945.[13][16] In May 1946, the Preliminary Design of an Experimental World-Circling Spaceship was released.

RAND Corp

By late 1947, Douglas had expressed their concerns that their close relationship with RAND might create conflict of interest problems on future hardware contracts. In February 1948, the chief of staff of the newly created United States Air Force approved the evolution of Project RAND into a nonprofit corporation, independent of Douglas.[13]

On 14 May 1948, RAND was incorporated as a nonprofit corporation under the laws of the State of California and on 1 November 1948, the Project RAND contract was formally transferred from the Douglas to the RAND Corporation.[13] Initial capital for the spin-off was provided by the Ford Foundation.

Since the 1950s, RAND research has helped inform United States policy decisions on a wide variety of issues, including the space race, the U.S.-Soviet nuclear arms confrontation, the creation of the Great Society social welfare programs, the digital revolution, and national health care.[17] Its most visible contribution may be the doctrine of nuclear deterrence by mutually assured destruction (MAD), developed under the guidance of then-Defense Secretary Ro

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]

History

Project RAND

By late 1947, Douglas had expressed their concerns that their close relationship with RAND might create conflict of interest problems on future hardware contracts. In February 1948, the chief of staff of the newly created United States Air

By late 1947, Douglas had expressed their concerns that their close relationship with RAND might create conflict of interest problems on future hardware contracts. In February 1948, the chief of staff of the newly created United States Air Force approved the evolution of Project RAND into a nonprofit corporation, independent of Douglas.[13]

On 14 May 1948, RAND was incorporated as a nonprofit corporation under the laws of the State of California and on 1 November 1948, the Project RAND contract was formally transferred from the Douglas to the RAND Corporation.[13] Initial capital for the spin-off was provided by the Ford Foundation.

Since the 1950s, RAND research has helped inform United States policy decisions on a wide variety of issues, including the space race, the U.S.-Soviet nuclear arms confrontation, the creation of the Great Society social welfare programs, the digital revolution, and national health care.[17] Its most visible contribution may be the doctrine of nuclear deterrence by mutually assured destruction (MAD), developed under the guidance of then-Defense Secretary Robert McNamara and based upon their work with game theory.[18] Chief strategist Herman Kahn also posited the idea of a "winnable" nuclear exchange in his 1960 book On Thermonuclear War. This led to Kahn being one of the models for the titular character of the film Dr. Strangelove, in which RAND is spoofed as the "BLAND Corporation".[19][20]

RAND was incorporated as a non-profit organization to "further promote scientific, educational, and charitable purposes, all for the public welfare and security of the United States of America". Its self-declared mission is "to help improve policy and decision making through research and analysis", using its "core values of quality and objectivity".[21]

Achievements

References

  1. ^ a b Medvetz, Thomas (2012). Think Tanks in America. Chicago: University of Chicago Press. p. 26. ISBN 9780226517292. Retrieved 25 April 2015.
  2. ^ a b c "RAND Leadership". RAND Corp. Retrieved 3 May 2017.
  3. ^ "RAND Corporation Board of Trustees". RAND Corp. Retrieved 16 January 2015.
  4. ^ a b "Financial Statements, FY 2016". RAND Corp. Retrieved 9 March 2017.
  5. ^ As of June 30, 2019. "U.S. and Canadian 2019 NTSE Participating Institutions Listed by Fiscal Year 2019 Endowment Market Value, and Percentage Change in Market Value from FY18 to FY19 (Revised)". National Association of College and University Business Officers and TIAA. Retrieved 25 September 2020.
  6. ^ a b "2013 RAND Annual Report". RAND Corp. Retrieved 16 January 2015.
  7. ^ "History and Mission". RAND Corp. Retrieved 16 January 2015.
  8. ^ a b c "How We're Funded". RAND Corp. Retrieved 16 January 2015.
  9. ^ "RAND Locations". RAND Corp. Retrieved 10 May 2017.
  10. ^ "RAND Europe Contact Information". RAND Corp. Retrieved 16 January 2015.
  11. ^ "RAND Locations: Canberra, Australia Office". RAND Corp. Retrieved 16 January 2015.
  12. ^ a b "Pardee RAND History". Pardee RAND Graduate School. Retrieved 21 February 2014.
  13. ^ a b c d e "RAND at a Glance". RAND Corp. Retrieved 31 December 2013.
  14. ^ Sarabi, Brigette (1 January 2005). "Oregon: The Rand Report on Measure 11 is Finally Available". Partnership for Safety and Justice (PSJ). Retrieved 15 April 2008.
  15. ^ Harvard University Institute of Politics. "Guide for Political Internships". Harvard University. Retrieved 18 April 2008. Normal Exit PeriodicService.php