Word: mugging
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...prove the power of touch, the researchers placed two products, a Slinky and a coffee mug, in front of 231 undergraduate students at the University of Wisconsin. About half were told they could touch the products, while the other half were prohibited from fiddling with them. Students were then asked to express their sense of ownership of the products and to indicate how much money they were willing to pay for each...
...test this hypothesis, the authors added an extra layer to the experiment. After the students either touched or didn't touch the Slinky and the coffee mug, they were asked to imagine picking up the products and bringing them home. The other half were asked to simply evaluate the products in their minds. Among those who touched the products, imagining ownership did not affect the price they'd be willing to pay for them. However, among those who didn't touch the items - a group that shares the same hands-free experience as online shoppers - picturing ownership led to significantly...
...Webb's world, where the less privileged toil, is also alive in the city. One can still hear the sound of mahjong tiles under a creaky ceiling fan, slurp down a steaming mug of milky tea and catch sight of a skeletal old man hoisting crates onto a waiting ship. Unlike the late '30s, when poor immigrants remained huddled around the city's port, these sights and smells are scattered across Singapore in thousands of hawker centers, provision shops, public-housing estates and factories...
...Duch did not speak during his first day in court, and full testimony is not expected to be heard until substantive hearings in March. But the classroom walls at Tuol Sleng speak for themselves, hung with the black and white mug shots of many of the 14,000 men, women and children who were imprisoned and tortured until they confessed to betraying Pol Pot's revolution. Later they were trucked to the outskirts of Phnom Penh where, blindfolded, they were dispatched standing at the edge of mass graves that would later be dubbed "the killing fields...
Explaining the stock market's behavior is always something of a mug's game, but there was a consensus that the main problem seemed to be that Geithner was just too vague. "Unfortunately, he led the market to believe there would be more details," says Kurt Karl, U.S. economist for the insurance firm Swiss Re. "You can't make the equity market happy every day, I guess...