Silly question: Does anyone know whether "RAND" is an acronym or a name? Looking at the RAND website there is no indication that this a name, abbreviation nor acronym. Also just "googling" it does not give an explanation.

I know it an American cooperation doing research, for example related to health.

Any views regarding the meaning of RAND?:-)

"Adopting its name from a contraction of the term research and development, the newly formed entity was dedicated to furthering and promoting scientific, educational, and charitable purposes for the public welfare and security of the United States."

http://www.rand.org/about/history/

:p

Thanks Lupinpooter,

never thought of research and development, sounds logical.

Kind regards,

Rick