Recommend me a software for editing photos and creating new designs, please. Well, there are many different programs to work with graphics, a list of photo editing software you will find the link. The most popular software programs now are Adobe Photoshop, Corel Draw and Adobe Illustrator. Here you can download this software: download adobe photoshop cs5
Download CorelDRAW Graphics Suite X5 Download Illustrator CS4 I hope I helped you! Yes thanks, this information helped me a lot, I downloaded Adobe Photoshop and is very happy with it.

Archive for November 6th, 2008

Online Auction Site Taps Cognitive Biases

Thursday, November 6th, 2008

On Swoopo you can bid using a new model called “entertainment shopping” to buy all sorts of items ranging from consumer electronics to household items. Here is how it works:

1. You give them money, at least $20.  You buy the right to bid in an auction. It costs $1 to place a bid, win or lose.

2. Find an item you want and place a bid. This increases the price by 15 cents and automatically extends the bid clock by 20 seconds.

There are no reserves.  By paying for the right to bid this creates the possibility you can get a super good deal (lottery like effect)  and also means you will tend to bid not wanting to loose the investment you made (sunk cost bias).  

 swoopo.png

Entertainment occurs in the last 20 seconds of the auction as you score a “kill” in the bargain hunting game or pump more and more dollars into it trying to win a lottery.

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