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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

January 24 - January 25, 2019
Kellogg Global Hub

July 15 - July 19, 2019
Kellogg Global Hub

Featured Faculty Members

Thomas N. Hubbard

Professor Hubbard recently found that organizational changes at law firms led to greater income inequality among US lawyers.

Sara Moreira

In a recent paper, Professor Moreira explores how the economy reacts when new innovations make older products obsolete.

Therese McGuire

Recent research by Professor McGuire looks at why state fiscal policies differ across the United States.

Recent Strategy Research

Innovation and Product Reallocation in the Great Recession
Sara Moreira, Munseob Lee, David Argente, Journal of Monetary Economics, 2018
The Effect of Hospital Acquisitions of Physician Practices on Prices and Spending
David Dranove, Cory Capps, Christopher Ody, Journal of Health Economics, 2018
Managing Careers in Organizations
Michael Powell, Jin Li, Rongzhu Ke, Journal of Labor Economics, 2018
"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
The Economic Consequences of Hospital Admissions
Matthew Notowidigdo, Amy Finkelstein, Raymond Kluender, American Economic review, 2018
Earnings Inequality and Coordination Costs: Evidence from U.S. Law Firms
Luis Garicano, Thomas N. Hubbard, Journal of Law, Economics, & Organization, 2018
Government Subsidies for Research Programs Facing "If" and "When" Uncertainty
David Besanko, Jian Tong, Jianjun Wu, RAND Journal of Economics, 2018

Strategy News

Big Pharma Raises Prescription Prices, Undercutting Trump's Presidential Pledge
Craig Garthwaite, “The Takeaway” Podcast, January 03, 2019
Elizabeth Warren’s Ambitious New Bill to Lower Generic Drug Prices, Explained
Craig Garthwaite, Vox, December 20, 2018
Cautionary Advice About Starting A Business After 50
Benjamin F. Jones, Forbes, December 20, 2018
Illinois Joins Obamacare Fight After Texas ACA Verdict
Amanda Starc, Crain's Chicago Business, December 17, 2018
Cook County Health Doubles Down on Preventative, Outpatient Services
Amanda Starc, Crain's Chicago Business, December 17, 2018

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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