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Strategy Lessons From Jean Tirole

Harvard Business Review

Unlike Paul Krugman, another MIT PhD of Tirole’s generation with similar renown as a model builder who has gone on to a second career as a highly visible and controversial public intellectual, Tirole has mainly just kept on building those models — and at a seemingly youthful 61 will presumably just keep building them unless the prize curse gets to him. In the early 1980s, the game theory approach to studying industries promised to be the next big wave in strategy.