Media personality and District 6 City Council candidate in Stockton, California, Jason Lee, emphasized that his campaign is solely focused on advocating for the community after hosting a community event with city leader and light-weight boxing champion Floyd Mayweather. BLACK ENTERPRISES

The standing-room-only event took place on October 5 at the legendary Bob Hope Theater. To support Lee’s political efforts, he was joined by other candidates, including mayoral candidate Christina Fugazi and District 4 City Council candidate Mario Enriquez. Enriquez spoke about his experiences being born and raised in Stockton, highlighting his inspiration to work in the government sector, specializing in policies that may profit his community.

Lee sat down with author and podcast host Blue Telusma for a fireplace chat, during which he announced a plan to launch an investment group to revitalize the Adventist Health Arena, an indoor arena in the Stockton area often called the home arena of the NBA G League’s Stockton Kings.

An unnamed investment group is working with Mayweather. The boxing champion clearly has his eye on investment properties, as he says his goal outside the ring is to create generational wealth. According to , Mayweather said he’s an inspiration to speculate it resulted from other athletes going bankrupt. “I don’t want to end up like this,” he said.

“Actually, what I own now are nine skyscrapers. And I’m constructing my tenth skyscraper straight away.

In addition to the arena, he and Lee will construct an ice rink for community members to make use of.

He doesn’t stop there. The Hollywood Unlocked founder also revealed that he’s partnering with comedian Tiffany Haddish to open the doors to an area food market positioned in South Stockton. Such movements were highlighted by Fugazi. When she spoke at the event, the politician talked about her vision for the way forward for Stockton, which incorporates improving the community and listening to its wants and desires.

Stressing on maintaining the local community, Fugazi said that if elected mayor, her goal could be to create an internal police force. He also wants to prepare town hall meetings in order that residents can collectively express their concerns.

While listening to legendary DJ Spinderelli of the hip-hop group Salt-N-Pepa, Lee spoke candidly about his upbringing in Grand Rapids, Michigan, and the way the values ​​and discipline he instilled in him led him to construct his own brand.

An 11-year-old aspiring entrepreneur recently opened a hybrid pizzeria in Brooklyn that mixes the tradition of Italian cuisine with a Caribbean twist.

According to , the brand new pizza shop was opened in the Crown Heights neighborhood by teenager Sebastian Wilson, appropriately named Sebastian’s Spices and Slices. Here you can see the same old pizza with cheese and tomato sauce, however the toppings are different from what you might be used to. Sides come from a menu of Caribbean cuisine found in Trinidad and Grenada. His mother and stepfather are from there.

Sebastian’s pizzas are peak With oxtail, pulled chicken, cod, shrimp and salted fish, not ingredients you’d expect out of your local pizzeria.

Wilson credits his mother with incorporating a mixture of cultures.

“My mom taught me how to make recipes,” Wilson said. “I ate them sometimes and so they were good; yes, my mom all the time cooked them.

He was also inspired to begin his own business to follow in the footsteps of his parents, who’re each entrepreneurs, so family influences.

“My mother works a lot, and I want to work a lot so that I can, for example, earn my own money,” says Wilson. “My parents work hard and I want to be as hardworking as them.”

Child labor laws prevent Sebastian from working long hours, but he plays a key role in decision-making on the pizzeria. Sebastian’s mother claims that her parents influenced her entrepreneurship and now she desires to pass it on to Sebastian.

“I kind of want to be there with him, and of course there will be times where I have to let go, but I’m trying to provide everything that maybe my parents provided me and more,” Natalie Lamming said.

If you might be offered a free cookie, you might accept. But should you were paid to eat a free cookie, would your response be the identical?

in ours new researchtwice as many people were willing to eat the cookie once they weren’t offered payment compared to once they were offered the chance.

From a purely economic perspective, our findings reflect irrational decision-making. Objectively speaking, a cookie plus money is best than an everyday cookie.

But people are usually not purely economic. They are social animals that tend to search for hidden reasons for other people’s behavior.

When offers are too generous, people expect a “phantom cost” – hidden in the unique offer. And this expectation influences their decision to accept something or not.

Study participants who were offered a free cookie and payment thought that perhaps the cookies had been poisoned. Or perhaps someone spat on them. Or they expected that after eating the cookie, they’d owe a favor to the person handing out the treats.

Too good to be true

Our cookie study was only one of ten experiments involving 4,205 participants from the United States and Iran.

We examined how phantom costs influence people’s decisions to accept or reject overly generous economic offers.

Each study gave people a suggestion. They had to resolve whether to agree or not and then explain why.

In one study, participants were asked to imagine that they were a truck driver and were on the lookout for a job on the Internet. All job positions were described in the identical way, but we varied the remuneration. Those offered the conventional $15 an hour were perfectly willing to take the job.

Others were offered higher wages than normal. Participants on this group imagined phantom costs. And the upper the wage they were offered, the upper the costs they imagined.

When offered $20 or $25 an hour, participants imagined the role would involve more responsibilities or harder work. However, they decided it was price it. Most people preferred a job that is barely dearer than normal, despite expectations of phantom costs.

But after we offered way an excessive amount of money – over $900 an hour – most people turned down jobs they’d be willing to do for $15.

Why? They imagined much worse phantom costs: driving for the group, transporting hazardous radioactive waste, smuggling drugs across the border. A suspiciously high hourly rate or wage may discourage employees.

The suspicion is global

We repeated this experiment with different jobs, different normal wages, and in numerous countries.

In each the US and Iran, despite very differing types of economies, people showed the identical pattern of suspicion and rejection of very high wages. The only difference was that in Iran expected wages were lower, so wages didn’t have to be high by American standards to arouse suspicion.

Another experiment examined how phantom costs might influence the acquisition of airline tickets involving a hypothetical alternative between three flights.

One cost $235, the opposite $275. When the third option was $205, most people selected it. However, if the third option was $15, few people selected the most cost effective flight. They rejected it because they imagined terrible phantom costs like terrorists and plane crashes.

However, after we gave the rationale for the low price – very uncomfortable seats – most people preferred the $15 flight. Uncomfortable seats are often not a bonus. But they explained the low price, so people didn’t search for other, dangerous explanations.

Sufficient explanations that something could be very large eliminate the tendency for people to imagine phantom costs.

A good deal, not a shady one

Businesses need to strike a balance when it comes to offering customers a good deal.

On the one hand, waiting for phantom costs reduces interest within the offer. On the opposite hand, price-sensitive consumers often look for methods to get one of the best deal.

To avoid the pitfalls of phantom costs, firms must provide the reason why they’re offering a very good deal. For example, “holiday sale” or “end of season sale” may explain why products are discounted.

In the labor market, pointing to “good performance” as the rationale for an worker’s raise may discount expectations of hidden disadvantages – resembling increased workload.

It is obvious that humans are usually not merely selfish economic beings. We are astute psychological creatures, able to read the motivations of others to protect ourselves from offers that seem too good to be true.