Humans often act irrationally, making decisions—sometimes important ones—that contradict our best interests. This kind of irrational behavior is at the center of behavioral economics, and this free, online eight-week course by TED speaker, author, and Duke Professor Dan Ariely will introduce you to the topic.
    
|
You might think that the best time to buy tickets to a sold out concert is right before the show—people who can't go are desperate to get some money back on their purchases. In reality, the best time to grab tickets for a sold-out show is a few weeks after they go on sale—and after they sell out. Here's why.
|
|
Cancer sucks. We still don't know exactly what causes it or how to reliably cure it. Our best chance is catching it early enough for treatment to have a fighting chance. And the best way to catch it early is to know what to look for and examine yourself regularly.
|
|
If you don't want to always look around for a measuring cup, a Redditor shared a neat trick to make permanent markings on your metal pot. Most of the items needed should be in your house, or you can pick them up for very little. Here's what you'll need:
|
|
For some, your kitchen is just that hateful room where you have to cook. But if you've gotten into cooking at home , it's the room most in need of an efficiency makeover. Here are 10 DIY projects that make your kitchen better.
|
|
Many of us struggle to get enough sleep every night, but is the sleep we get any good? While it’s important to get enough sleep, better sleep is a greater ally than more hours of sleep. We sat down with a sleep expert and a stack of studies to help you get a better night’s sleep and need less in the process. Here’s how.
Bath bombs make bubble baths possible, so obviously they're awesome. They're fun for yourself and can make a great gift. They're also a little expensive if you pick one up in a nice store, but you can make your own for much less money.
|
|
Winter weather can make going to the bathroom a little unpleasant. Even in a heated household, toilet seats can get a bit chilly. The solution? How-to illustrator Yumi Sakugawa suggests sliding on some socks.
|
|
Few people love to clean, but we all have to do it sometimes. We've shown you how to speed up your laundry and automate your other chores , but what about making them fun? What do you do to take the agony out of cleaning?
|
|
Francisa Knauf, Gisela Zunga killed in Manassas crash WJLA (WJLA) - Two people were killed after a car attempted to make a turn against a red light and was hit by another car early Sunday morning in Manassas. Continue reading. It happened at about 1:20 a.m.. According to police, a Honda Civic was traveling ... |
Several critically injured in Minnieville Road crash Inside NoVA At least four people were critically injured early Sunday in a fiery crash on Minnieville Road near Va. 234 in mid-Prince William County. The wreck happened about 1:30 a.m. and involved at least two vehicles, according to reports from fire officials ... |
PotomacLocal.com |
Call To Action: Annual Volunteer Fair Coming PotomacLocal.com ... Foley. · Good morning Prince William – Please join us on Saturday March 22nd for our Annual Volunteer Fair at Manassas Mall from 1pm-4pm. We will have lots of community agencies there to answer your questions and give lots of ideas of how you and ... |
WJLA |
Manassas officer hit by texting driver returns to work after seven-month recovery WJLA (WJLA) - It's been a long journey, but Manassas City Police Officer Heather Munsterman is finally back at the job she loves after a seven-month absence. Continue reading. Manassas City Police Officer Heather Munsterman (Photo courtesy of Manassas City ... and more » |
(SA_Steve)
The Washington Post reports that Microsoft was pushing the idea on political movers and/or shakers at last week’s Conservative Political Action Conference in Washington, D.C.
Microsoft would take the demographic info it has gleaned about various Xbox Live users and use that info to give political advertisers the ability to send highly targeted ads to the users most likely to care about a certain candidate, campaign, or issue.
The advertisers would also be able to match up its own list of e-mail addresses with those of Xbox Live users, thus all but guaranteeing that the intended target will receive the ad.
The Post reports that Microsoft, which is also trying to sell campaigns on its other properties like Skype and MSN, is trying to make advertisers aware that 38% of its 25 million registered U.S. Xbox Live users are female, a demographic that has gone largely ignored in this method of advertising delivery, but which is often very important in determining election results.
You might remember how earlier this year, a court in California ruled that Overstock.com violates California’s unfair competition and false advertising laws. Simply put: a lot of the “original” prices that they list for items they sell are lies. Over at Truth in Advertising, they combed through the entire court decision for juicy tidbits from the evidence presented at trial, including internal e-mails. Neat.
1. It ain’t overstock. Overstock.com used to call itself an “online outlet,” but it’s not a closeout store or an “outlet” in the traditional sense. It’s more like the chain outlet malls that dot the landscape, with a little bit of overstock or flawed merchandise from regular stores, and an awful lot of items sent there as a regular old retail channel.
2. You should compare prices. They claim to do the work of comparing prices to other retailers. Maybe they do, but outside analysis shows that the company’s prices don’t reflect the actual current prices at other retailers.
3. Make stuff up so the customer is happy. “Original prices” posted on the site, called Average Reference Prices (ARP) in the biz, are only intended to make you feel like you got a good deal. “Internal research has shown that the best predictor of whether a customer returns to our site is whether they feel they have ‘received a good deal,’” noted one helpful internal e-mail.
4. -400% off. Imagine being the customer who paid $450 for a patio set advertised as having an original price of $1000, only to discover a $247 price sticker from Walmart on it.
5. There, we fixed it. Truth in Advertising notes that based on internal e-mails, Overstock found a solution to this problem: make sure nothing gets shipped out with original price tags on it. Of course!
SIX EXAMPLES OF HOW OVERSTOCK.COM RIPPED OFF CONSUMERS [Truth in Advertising]
When announcing Comcast’s intention to buy Time Warner Cable, Comcast CEO Brian Roberts called cable a “highly competitive and dynamic marketplace.” Dynamic it might be, but competitive it isn’t. Most of us live a local monopoly, cable-wise: it might be a Comcast city or a Time Warner town, but we don’t have that much choice with our providers. And those companies also, hugely, provide our broadband access. So what does 75% reach or a 15% market share really look like, to a city and the people in it?
All of the data for these maps comes from the National Broadband Map, a joint project of the NTIA and FCC. The map shows what broadband operators operate in every part of the country, and what technologies they provide. It’s a tool that shows both a national perspective or lets you view info for a specific address.
There are a few caveats about the data. First, it’s not an exact 1:1 representation of “here are all the houses that subscribe to [provider],” but instead a map of available services in a particular area. Secondly, the map works at the census tract level, which leaves a bit of room for error. For example, if there’s a building in the very corner of your census tract that can get FiOS, then your address will still show up as having FiOS access even if Verizon has refused several times to run the fiber an extra half mile down the road to you. (Sigh.)
That said, even with the potential imprecision the maps still provide a stark visualization of just how much your address matters when it comes to your broadband access.
The Twin Cities are one such example:
Competition in Minneapolis-St. Paul through June 2013. Click to enlarge.
Not only does the map for the area clearly show the city and county boundaries where service changes over, but also it highlights the divide between rural and urban/suburban areas. As you zoom out from Minneapolis and St. Paul, cable broadband service in Minnesota shows up in nodes along the interstate like a string of Christmas lights.
But if you do live in the city, and have cable access, your options are Comcast or bust. Charter barely hangs on around the edges.
Moving from the midwest to the West Coast, it’s the same story in Los Angeles: Time Warner Cable (which isn’t Comcast yet, but may well be soon) dominates the city, with Charter squeezed in around the edges:
Competition in Los Angeles through June 2013. Click to enlarge.
And then there’s Boston, where the line of cable competition is almost analogous to a map of the city borders:
Competition in Boston through June 2013. Click to enlarge.
Two years ago, Boston petitioned the FCC to be permitted to regulate cable after a decade of continuous rate increases from Comcast. Comcast, in its turn, claimed that as RCN also operated in the city, it wasn’t a monopoly and the prices were fair.
Technically, Comcast was telling the truth. Although RCN’s service mostly stops abruptly at the Boston city line, RCN does operate inside Boston’s borders. There are little purple rectangles of service dotting Beantown here and there. But the majority of those little dots aren’t residential areas; they’re commercial ones. (One of them is, inexplicably, Boston Common — a big park.)
It’s a technicality that doesn’t stretch all that far, though, and Boston is still seeking better ways to improve the internet in town. New mayor Martin Walsh has recently pledged to bring higher internet speeds to the city, and that means fiber. Verizon FiOS won’t expand to serve Boston, and the shortlist for near-term Google Fiber expansion skipped the northeast entirely, so Boston is seeking other options.
A representative from Boston’s office of Innovation and Technology told Consumerist, “The City is very interested in getting a fiber-based provider to build-out to all our neighborhoods,” and added:
In our efforts to get providers to build-out to all of our neighborhoods, we have negotiated a number of agreements with providers like Next G, American Tower and Lightower in order to introduce some measure of competition and new technologies in wireless & landline communications to our neighborhoods.
And from East Coast back to the West: Los Angeles, too, has decided fiber is the way forward. L.A. is actively working on a plan to create a fiber network. Even the bids for partnerships are still in the future, though, to say nothing of the actual build-out and availability to subscribers. For now, consumers are stuck with their local monopoly.
Even when a city sports active competition, actual choice for consumers can remain surprisingly limited. Enter New York: the five boroughs of New York City have, among them, four broadband providers.
To some extent, there is genuine competition in the city, and it works. When Verizon FiOS came to town in 2008, customers began fleeing Time Warner Cable whenever the option presented itself.
But by late 2013, it became clear Verizon’s “access everywhere” promises had stalled out. In October, The Verge reported on the situation. Verizon claims that they reach 75% of the city’s millions of residents; public advocate Bill de Blasio, who has since become the city’s mayor, claimed the number was closer to 51%. Verizon, meanwhile, has no plans to expand FiOS any further.
Competition in New York City through June, 2013. Click to enlarge and get a better view.
Large, very densely-populated swaths of Brooklyn, Manhattan, Queens, and the Bronx remain limited to service from Time Warner Cable or from Cablevision. Even in a city that can claim four providers, your options depend entirely on what neighborhood, or even city block, you live in.
Consumers in most areas don’t really have any relief on the near horizon. Even if, hypothetically speaking, Comcast spun off whole markets like Minneapolis to competitors like Charter as part of the TWC merger, it wouldn’t really help the consumers who live there. If there’s only one option at your house, it barely matters who owns it. One provider might give better customer service than another, but there’s still no market in the area forcing a company to improve infrastructure or reduce prices.
Customers in most cities currently have two options for broadband: their cable provider, or slower DSL through copper wires. But the more resource-intensive 21st century entertainment gets — both in speed and in volume — the less traditional DSL will be able to handle consumers’ needs. That leaves fiber networks, both private and public, as the path of the future. And millions of consumers would benefit from making that future a reality as soon as possible.
On the surface, this e-mail that reader S. received from Sallie Mae doesn’t seem like a bad idea. It’s offering a new credit card, which maybe you were going to get anyway. You can use the card’s cash-back rewards to save for a loved one’s college education, or to pay off your own student loans. Yet it doesn’t sit right with S.
We’re not saying that credit cards are bad. Indeed, we encourage judicious use of them instead of debit cards to extend the warranty on major purchases, and to protect yourself from card skimmers or payment information breaches. Protecting yourself from fraud: good. Losing track of your monthly spending by flashing plastic: bad. Racking up huge amounts of debt: really bad.
“Apparently opening a credit card and spending money through online shopping and dining out at restaurants is a great way to pay down student loans,” S. wrote to Consumerist. “I get the idea that there is a whole cash back thing happening here, but someone didn’t think this campaign all the way through.”
It doesn’t send a very good message to borrowers, but someone definitely thought this all the way through. Sallie Mae, as you may recall, is splitting itself up, dividing into two companies: Navient, which will originate and administer federally-backed student loans, and Sallie Mae, a consumer bank that will offer private student loans and consumer banking services. Like credit cards. Sallie Mae happens to own UPromise, as well.
