Economics of Strategy 5th Edition

this is the basis of strategic analysis; all competitive strategy & managerial economics courses should use this book as the fundamental theory book. This book lays down the economic perspectives that is used to to understand strategy. After this book comes Porter's trio to lay good foundation on strategic analysis

This was a required text for my MBA glass. Very intuitive and helpful. Received my book in only 4 days. Very happy with this book and shipper.

I teach strategic management to undergraduates at an Australian university and have used the 2nd and 3rd editions of this book in the past three years to supplement the theory from our prescribed texts. It is heavy going in some places for the students but I like the book's rigour. The only criticism I have is that the 4th edition I just received has some minor errors. For example, pages 20-21 in the "Economic Profit versus Acccounting Profit" section has errors in the figures quoted for economic profit for McDonalds and Starbucks. I think this has occured because the 3rd edition figures have been carried over to the 4th edition without a proper proof-reading. Another minor mistake is that Table 10.2 (page 329) should read "Five-Forces Analysis of the Commercial Aciation Industry" and not "Five-Forces Analysis of the Chicago Hospital Market". Sorry to be pedantic but I guess these things can detract from the perceived quality of an otherwise top-quality text. Please note I will be buying your next edition in a couple of years. Cheers from "DownUnder Australia!"

This is the exact book that I was needing for my class. It was not marked up either! I Would recommend this book 2 whoever needs it

quality is like new even though it is used.No sign of dents or scratch, it has sticker on it that says, 'used'.I fully satisfy with this item. thanks!

If it was an option, I wouldn't have bought it!The book is dense in content about strategy and economics, but I found it a little bit complicated and dry with no concerete numerical exercises. Usually, strategy and economics readings are much more engaging and mind-provoking.I had to buy it for my Business Processes course at business school (full time MBA program).

This is a great book for the management strategy class that I am taking. I am planning on keeping the book for future reference as well.

I usually hate reading textbooks. This, like any other, has its quirks and can get long-winded at times. However, if you actually read it, there's a lot of interesting material that I was able to pick up on the first read. Explanations are clear, the implications of the material are discussed, and there are good real-world case examples (mostly short, thankfully) illustrating the concepts in action. One of the best textbooks I've owned.