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DTSTAMP:20241108T101029
DTSTART;TZID=America/Detroit:20241122T100000
DTEND;TZID=America/Detroit:20241122T120000
SUMMARY:Social / Informal Gathering:Alum in Residence with Steve Sugerman
DESCRIPTION:Calling all students interested in communications and media\, public affairs\, or consulting! Sign up to connect one-on-one with LSA Alum Steve Sugerman\, the president and founder of Sugerman Communications Group. With years of experience navigating the intricate world of public affairs and media\, Steve is a valuable resource for any student aspiring to make their mark in these fields.\n\nMake an appointment or drop by the Opportunity Hub on Friday\, November 22 between 10am and 12pm to ask questions\, get advice\, meet friendly faces and enjoy some FREE FOOD!\n\n\nMore About Steve Sugerman:\nCurrent Role- President and founder of Sugerman Communications Group since 2002.\nExpertise- Provides strategic counsel on Land use\, Labor relations\, Government decisions\, and Public policy\nCrisis Management- Advises CEOs and public figures during high-stakes situations\, including Labor disputes and Media investigations\nEducation- B.A. in Political Science from the University of Michigan.\nCareer Highlights- Served as Deputy Mayor of Los Angeles. Held senior roles at leading global public relations firms.\n\nWhy Sign Up?\n-Gain insights into the communications and public affairs industry.\n-Receive personalized career advice from a seasoned professional.\n-Network with a successful alum who has deep ties to the Southern California civic community.\n\nSign-up for a time slot to RSVP\, and join us on Friday\, 11/22!
UID:128926-21861906@events.umich.edu
URL:https://events.umich.edu/event/128926
CLASS:PUBLIC
STATUS:CONFIRMED
CATEGORIES:Undergraduate Students,The College Of Literature\, Science\, And The Arts,Open To All Majors,Networking,Media,Lsa Opportunity Hub,Food,Communications,Alumni,Alum Connections,All Majors Welcome
LOCATION:LSA Building - LSA Opportunity Hub room 1250
CONTACT:
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DTSTAMP:20241105T142348
DTSTART;TZID=America/Detroit:20241122T100000
DTEND;TZID=America/Detroit:20241122T112000
SUMMARY:Workshop / Seminar:Cross-Product Compatibility\, Lock-In\, and Market Power: The Case of Smartphones and Laptops
DESCRIPTION:This paper examines the role of compatibility across standalone technology products in anchoring consumers to brands. Through a novel experimental design\, I identify the causal impact of compatibility\, showing that participants’ willingness to pay for smartphones increases by 9% of their retail price when compatible with a laptop. I combine the experimental results with a smartphone demand model that incorporates compatibility with laptops to assess the welfare effects of (i) regulations mandating cross-brand compatibility (“open ecosystems”) and (ii) crossmarket mergers. I find that in 2018-2019\, closed ecosystems benefit Samsung by locking non-Apple laptop owners into lower-quality Samsung smartphones\, while the switch to open ecosystems boosts Apple’s smartphone market share. However\, in 2020-2023\, closed ecosystems benefit Apple\, as Samsung’s top smartphones are superior\, prompting Apple laptop owners to switch to Samsung smartphones in open ecosystems. In both periods\, consumer surplus rises due to lower prices and greater product variety in open ecosystems. A counterfactual merger between Samsung and HP\, Apple’s main smartphone and laptop competitors\, respectively\, results in lower smartphone market concentration but raises Samsung smartphone prices\, disadvantaging consumers who value compatibility less.
UID:128781-21861616@events.umich.edu
URL:https://events.umich.edu/event/128781
CLASS:PUBLIC
STATUS:CONFIRMED
CATEGORIES:seminar,Economics,Microeconomics,Industrial Organization
LOCATION:Lorch Hall - 301
CONTACT:
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