Study: Sometimes 100 cents feels like it's worth more than a dollar

Pity the poor shrinks: the mathematicians had this one figured out a long time ago.

We all know that $1 is equal to 100 cents. But a new study suggests that, in some situations, people may behave as if 100 cents actually has more value. That's because people may pay more attention to the size of the numbers involved than the actual economic value, according to the research.

(link) [EurekAlert!]

07:48 /Technology | 0 comments | permanent link


Apple Reports Strong First Quarter

How to weather tough economic times: make good products.Apple said robust sales of the iPhone and its MacBook laptops buoyed the company amid a terrible holiday shopping season.

(link) [New York Times]

07:37 /Technology | 0 comments | permanent link


Don't eat peanut butter: U.S. authorities urge

I wonder if this will lead to a proposal to put an RFID tag on every peanut?

Reuters - U.S. health authorities urged consumers on Saturday to avoid eating peanut butter and products that contain it until they can determine the scope of an outbreak of salmonella food poisoning that may have contributed to six deaths.

(link) [Yahoo! News: Top Stories]

07:34 /Agriculture | 1 comment | permanent link


RIAA Tries To Appeal Order Allowing Internet TV Court Broadcast

We don't need no education ...

NewYorkCountryLawyer writes "The RIAA has appealed the order entered several days ago allowing the January 22nd hearing in SONY BMG Music v. Tenenbaum to be streamed over internet TV. Additionally, they've made a motion for a stay. I'm just a country lawyer, but as far as I know: (a) it's not possible to appeal the order, (b) it was procedurally improper and ineffective to file a notice of appeal, and (c) it was improper to direct their motion for a stay to the District Court Judge. Well, let's hope the arguments in the First Circuit will be streamed, too. Meanwhile, one commentator wonders why the tooth and nail opposition to broadcasting, since the professed aim of the litigations was to 'educate' the public?"

(link) [Slashdot]

07:29 /Copywrongs | 0 comments | permanent link