By Bob Sirott, FOX 32 News at Nine Co-Anchor - bio
CHICAGO (FOX 32 News) -
One more thing, about what you were doing at some point over the weekend.
There were many activities in and around Chicago on a busy summer weekend, which means at one time or another most of us were engaged in a pastime we all hate: looking for parking.
And now, no less than a Duke University Professor of Psychology and Behavioral Economics has come up with a computational approach to help us.
Professor Dan Ariely, who also writes for the Wall Street Journal, was asked how to decide whether to pay for parking in a lot, or drive around looking for a cheaper or free spot.
Get a pen and paper out because you'll want to remember this.
The professor's formula: figure out how much money an hour of fun out of the house is worth and compare that with the time it takes to find a parking spot. So, if the hour is worth $25 dollars, and searching for parking takes a half hour, then any amount less than $12.50 that the lot charges would be worth it. Get it?
So if you really want to feel good about paying a lot for parking, don't short-change yourself on how much money an hour out of the house is worth to you.
Based on the professor's rationale, if you're really desperate to get out, you might be able to justify hiring a driver!
Monday, April 22 2013 11:09 PM EDT2013-04-23 03:09:41 GMT
Over the weekend, the Tom Cruise sci-fi thriller "Oblivion" was number one at the box office. But the movie I'm talking about wasn't even in the top ten.
Over the weekend, the Tom Cruise sci-fi thriller "Oblivion" was number one at the box office. But the movie I'm talking about wasn't even in the top ten.
Tuesday, June 18 2013 4:55 PM EDT2013-06-18 20:55:38 GMT
A man accused of fatally shooting a gay man walking with a companion in New York City's Greenwich Village pleaded not guilty.
A man accused of fatally shooting a gay man walking with a companion in New York City's Greenwich Village afterward claimed that he opened fire because the victim "thought he was tough in front of his bitch," prosecutors said in court papers Tuesday.
Tuesday, June 18 2013 3:46 PM EDT2013-06-18 19:46:32 GMT
Photo courtesy of @N42_21_W71_04)
Riders should anticipate cancellations and delays on the Long Island Rail Road for the Tuesday evening rush. The railroad has canceled 21 trains that normally leave Penn Station between 3:27 and 7:01 p.m.
Riders should anticipate cancellations and delays on the Long Island Rail Road for the Tuesday evening rush. The railroad has canceled 21 trains that normally leave Penn Station between 3:27 and 7:01 p.m.
Tuesday, June 18 2013 3:32 PM EDT2013-06-18 19:32:12 GMT
NYC
Nearly 3 million New Yorkers' homes are now in evacuation zones that cover more than a third of the city's population, under new maps released Tuesday.
Nearly 3 million New Yorkers' homes are now in evacuation zones that cover more than a third of the city's population, under new maps released Tuesday.In the wake of Superstorm Sandy, officials said last month, the number of zones would double and encompass about 600,000 more residents.
Tuesday, June 18 2013 3:05 PM EDT2013-06-18 19:05:09 GMT
Police are looking for a man who stabbed another man in Times Square Tuesday afternoon, authorities said.The victim was stabbed in the chest, the NYPD and FDNY said.
Police are looking for a man who stabbed another man in Times Square Tuesday afternoon, authorities said.The victim was stabbed in the chest, the NYPD and FDNY said.
Tuesday, June 18 2013 1:18 PM EDT2013-06-18 17:18:24 GMT
It's a sight that can trigger dread. The low-battery message appears on your cell phone when there's no charger around.
It's a sight that can trigger dread. The low-battery message appears on your cell phone when there's no charger around. Now New York City has teamed up with AT&T to install 25 solar powered charging stations over the summer.
Tuesday, June 18 2013 12:20 PM EDT2013-06-18 16:20:04 GMT
The director of the National Security Agency said Tuesday the government's sweeping surveillance programs have foiled some 50 terrorist plots worldwide, including one directed at the New York Stock Exchange.
The director of the National Security Agency said Tuesday the government's sweeping surveillance programs have foiled some 50 terrorist plots worldwide, including one directed at the New York Stock Exchange.
