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Strategy
Can science become more … scientific? Kellogg Faculty discuss in Science magazine.
Kellogg Strategy Department
The Strategy Department explores how firms create and capture value, and how they do so in light of their market environments, organizational capabilities, and regulatory constraints. The department's research and teaching are grounded in microeconomics and reflect its commitment to both rigor and relevance.
The department's research spans a wide range of topics, including health, innovation, organizational design, and industrial organization. Faculty use both economic theory and econometrics to explore these issues. The ultimate and unifying goal of the faculty's research is to improve our understanding of markets and organizations. The faculty share the belief that this is best achieved by combining rigorous economics with a deep understanding of institutional context and detail.
The Strategy faculty is at the cutting edge of research and teaching on the economics of organizations, markets, and public policy.
Strategy faculty sit on the editorial boards of leading journals and are frequently sought out for their expertise in business and government affairs. Members of the faculty founded the Journal of Economics and Management Strategy and authored Economics of Strategy, one of the primary textbooks in the field.
The department's research spans a wide range of topics, including health, innovation, organizational design, and industrial organization. Faculty use both economic theory and econometrics to explore these issues. The ultimate and unifying goal of the faculty's research is to improve our understanding of markets and organizations. The faculty share the belief that this is best achieved by combining rigorous economics with a deep understanding of institutional context and detail.
Strategy faculty sit on the editorial boards of leading journals and are frequently sought out for their expertise in business and government affairs. Members of the faculty founded the Journal of Economics and Management Strategy and authored Economics of Strategy, one of the primary textbooks in the field.
Upcoming Events
Sara Moreira
In a recent paper, Professor Moreira explores how the economy reacts when new innovations make older products obsolete.
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Therese McGuire
Recent research by Professor McGuire looks at why state fiscal policies differ across the United States.
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Thomas N. Hubbard
Professor Hubbard recently found that organizational changes at law firms led to greater income inequality among US lawyers.
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Innovation and Product Reallocation in the Great Recession
Sara Moreira, Journal of Monetary Economics, 2018 |
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The Effect of Hospital Acquisitions of Physician Practices on Prices and Spending
David Dranove, Cory Capps, Christopher Ody, Journal of Health Economics, 2018 |
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Managing Careers in Organizations
Michael Powell, Jin Li, Journal of Labor Economics, 2018 |
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"Strength in Diversity? Fiscal Federalism among the Fifty U.S. States
Therese J. McGuire, Teresa Garcia-Mila, Wallace E. Oates, International Tax and Public Finance, 2018 |
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The Economic Consequences of Hospital Admissions
Matthew Notowidigdo, Amy Finkelstein, American Economic review, 2018 |
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Earnings Inequality and Coordination Costs: Evidence from U.S. Law Firms
Luis Garicano, Thomas N. Hubbard, Journal of Law, Economics, & Organization, 2018 |
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Government Subsidies for Research Programs Facing "If" and "When" Uncertainty
David Besanko, Jian Tong, Jianjun Wu, RAND Journal of Economics, 2018 |
Strategy News
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Big Pharma Raises Prescription Prices, Undercutting Trump's Presidential Pledge Craig Garthwaite, “The Takeaway” Podcast, January 03, 2019 |
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Elizabeth Warren’s Ambitious New Bill to Lower Generic Drug Prices, Explained Craig Garthwaite, Vox, December 20, 2018 |
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Cautionary Advice About Starting A Business After 50 Benjamin F. Jones, Forbes, December 20, 2018 |
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Illinois Joins Obamacare Fight After Texas ACA Verdict Amanda Starc, Crain's Chicago Business, December 17, 2018 |
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Cook County Health Doubles Down on Preventative, Outpatient Services Amanda Starc, Crain's Chicago Business, December 17, 2018 |
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