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.Its goal is to advance knowledge in the field of economics and provide valuable information and insights for policymakers, scholars, and researchers. As a highly reputable journal in the field of economics, it has received widespread attention for its rigorous academic attitude and extensive research areas. It provides strong support for the development of economics and policy-making, and is an indispensable resource for economic researchers and practitioners.