Economics of Strategy

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Economics of Strategy
by David Besanko, David Dranove, Mark Shanley, Scott Schaefer
from Wiley

Customer Reviews:

• Avg. Customer Rating: 4.5 / 5.0

• Reasonable Delivery, Good Price & New as Promised
  The third party who Amazon partnered with in sending the product was very good with the price, and the delivery was okay in that it takes a week to arrive. The Book was new just as promised. The textbook is fine for any one interested in economics involving management. It's more micro-economics than it is macro-economics. It involves more on financial management of companies. This book is all text and no pictures and very few charts. Having some background would be helpful in reading this book.

• Excellent on strategy
  This is an excellent MBA first book through strategy. It covers not only the classic facts on competition, markets and so forth but also the economics of gambling, acquisitions and marketing strategy.
  It is ever full of examples, and very easy to read.
  It is used in most of the best MBA courses in US.

• Good for Basics
  This was the text used in a graduate Economic Strategy course I took. The text provides a decent overview of economic strategy and is only slightly more advanced than what I learned as an undergraduate. The math involved was elementary.
  The text attempts to cover a very broad range of topics and does not go into any single topic very deeply. For example, only 3-4 pages are used to cover Game Theory; pricing is another area that's covered at a very high level, with not much at all about price... more info

• Correction --- See review by L. Skoufa.
  The reviewer L. Skoufa is correct; there's an error on pages 20-21 of the first printing of this text. We're fixing it in subsequent printings. Sorry for the mistake, and thanks for pointing it out. The paragraph should read as follows:
  As discussed earlier, an important cost excluded from a firm's
  accounting costs is the opportunity cost of its capital assets, such
  as its plant and equipment. When a firm's accounting earnings do not
  cover this opportunity cost, the firm will earn a... more info

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