Economics of Strategy

Economics of Strategy

Hardcover, 6th edition
Language	English
Subject	Business strategy, economic theory
Genre	Non-fiction
Publisher	John Wiley & Sons
Publication date	September 4, 2012 (6th edition)
Publication place	United States
Media type	Print, e-book
Pages	560 pp.
ISBN	978-1118273630

Economics of Strategy is a textbook by David Besanko, David Dranove, Scott Schaefer, and Mark Shanley. The book offers an economic foundation for strategic analysis. ^[1] The text was initially published in 1996 by John Wiley & Sons and, as of 2017, available in its seventh edition.The Economics of strategy, 5th édition has been translated into French by Thierry Burger-Helmchen, Julien Pénin and Caroline Hussler, under the title "Principes économiques de stratégie ^{[ permanent dead link ]}", edited by DeBoeck.

Overview

This influential business book provides a detailed and comprehensive text offering a link between economic theory and business applications. The book uses economic theory to discuss and to quantify popular concepts of modern business strategy. ^[2] The text is technical in its approach but accessible due to its numerous real-world examples. Key economic principles discussed include economies of scale, economies of scope, transaction-cost economics, market entry, and commitment and agency issues. ^[3]

Sections

• Part One centers on the boundaries of the firm;
• Part Two discusses competition;
• Part Three focuses on positioning and sustaining advantage; and
• Part Four covers the interface among the theory of the firm, organization design, and business strategy.

See also

• Business analysis
• Business model
• Competitive advantage
• Management consulting
• Strategy dynamics
• Strategic planning
• Strategic Management Society
• Six Forces Model

References

1. "Economics of Strategy, 6th Edition". wiley.com. Archived from the original on 2014-03-06. Retrieved 2015-05-07.
2. "Economics of Strategy". bol.com. Retrieved 2015-05-08.
3. Zitz, A., Economics of Strategy, 7th Edition By: David Besanko, David Dranove, Mark Shanley, and Scott Schaefer. Notes By: Anton Zitz, accessed 28 April 2024