Thomas Wollmann

Thomas Wollmann

University of Chicago
Booth School of Business
and NBER

tel: 773-834-3768
thomas.wollmann@gmail.com
thomas.wollmann@chicagobooth.edu

Ph.D. Harvard University
Faculty assistant: Sofia Bianchini
Sofia.Bianchini@chicagobooth.edu

Research
CV
Teaching

Thomas Wollmann

Teaching

Competitive Strategy 42001


Winter 2016 rating (Section 04): 4.9/5
Winter 2016 rating (Section 82): 4.9/5

Overview

The course applies microeconomics—primarily industrial organization—to analyze decisions managers face in business environments. It focuses on strategic decisions that drive profitability. Class time will be devoted to case discussions and lectures.

The first half of the course takes a price theory approach to managerial decision-making. The actions of rivals are mostly assumed fixed, so we can isolate key tradeoffs that they face. The second half takes a game theory approach, in which managers’ actions directly affect their rivals’ payoffs, and vice versa. It considers strategic decisions of first-order importance.

Topics include pricing, positioning, patterns and determinants of cross-industry and within-industry profitability, entry and exit, vertical integration and boundaries of the firm (i.e. the “make or buy” decision), entry and exit, strategic investments, network effects, and multisided platforms (MSPs).

Cases (subject to change)

The course applies microeconomics—primarily industrial organization—to analyze decisions managers face in business environments. It focuses on strategic decisions that drive profitability.

Moneyball
Cola Wars Continue
Husky Injection Molding Systems
Airborne Express
Birds Eye and the UK Frozen Foods Industry
Baker and Hubbard: Monitoring Truckers
US Airline Industry in 1995
American Airlines
Intel Kickbacks
Dogfight over Europe: Ryanair
Power Play: Nintendo in 8-Bit Video Games
LinkedIn in 2012
Dropbox: It Just Works
Uber, Lyft, and the Transportation Network Industry

Syllabus