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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.

Upcoming Events

November 12, 2019 | 12:05 PM
Kellogg Global Hub, 4302
November 13, 2019 | 01:45 PM
Kellogg Global Hub, L110

Featured Faculty Members

George Georgiadis

Professor Georgiadis' recent research examines how managers can design optimal incentive contracts.

Meghan Busse

Professor Busse's research focuses on market structure and competition, with a focus on pricing and price discrimination.

David Dranove

Professor Dranove's recent paper published in American Economic Journal: Economic Policy examines Medicare reimbursements.

Recent Strategy Research

Relational Adaptation under Reel Authority
Daniel Barron, Robert Gibbons, Ricard Gil, Kevin J. Murphy, Management Science, 2019
Collective Choice in Dynamic Public Good Provision
Renee Bowen, George Georgiadis, Nicolas S Lambert, American Economic Journal - Microeconomics, 2019
When Demand Increases Cause Shakeouts
Thomas N. Hubbard, Michael Mazzeo, American Economic Journal -- Microeconomics, 2019
Employed for Higher Pay? How Medicare Facility Fees Affect Hospital Employment of Physicians
David Dranove, Christopher Ody, American Economic Journal: Economic Policy, 2019
Regulated Versus Negotiated Access Pricing in Vertically Separated Railway Systems
David Besanko, Shana Cui, Journal of Regulatory Economics, 2019
Productivity and Credibility in Industry Equilibrium
Michael Powell, RAND Journal of Economics, 2019

Strategy News

New research suggests that failing early in your career can make you more successful in the long run
Dashun Wang, Benjamin F. Jones, Business Insider, October 23, 2019
Why Are We Here?
Sally Blount , Paul Leinwand, Harvard Business Review , October 22, 2019
Media Mergers Aren’t New. So Why Are Publishers Consolidating Now?
Mark McCareins, Adweek, October 14, 2019
How the President’s New Changes to Medicare May Affect Your Healthcare
Elena Prager, Healthline, October 10, 2019
Your Company’s Ultimate Readiness Check
Harry M. Kraemer, Forbes, October 06, 2019

Find Your Fit

Our innovative portfolio of MBA programs helps our students find the ideal balance among professional, educational and personal goals. Wherever you are in your career – and your life – there’s a Kellogg MBA program that will help you grow professionally and personally.

Full-Time MBA Program

Evening & Weekend MBA Program

Executive MBA Program

Executive Education

MS in Management Studies

Doctoral Program

Certificate Program for Undergraduates


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