People, Preferences & Prices: Sequencing the Economic Genome of the Consumer Mind

Author(s): Eugene Galanter, Howard Moskowitz and Matthias Silcher

DOI: 10.2174/978160805249311101010018

The Gas Pump and the (Square) Root of All Evil - Money Made Real

Pp: 18-24 (7)

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Abstract

SHS investigation development is considered from the geographical and historical viewpoint. 3 stages are described. Within Stage 1 the work was carried out in the Department of the Institute of Chemical Physics in Chernogolovka where the scientific discovery had been made. At Stage 2 the interest to SHS arose in different cities and towns of the former USSR. Within Stage 3 SHS entered the international scene. Now SHS processes and products are being studied in more than 50 countries.

Abstract

People can and will, when sufficiently motivated, act as measuring instruments to tell you how happy they are if you give them something. People know how they feel when they get something, or at least they seem to act as if they know. They feel natural. There may be one or two questions, but you don’t get a sense that they are feeling strained. Of course, it is important to make the ‘something’ meaningful. We couch the something in ‘dollar’s, but there’s no reason why we couldn’t couch this something in terms of other goods and services. When it comes to taking something away from people, you have to be a bit more creative. People know what it is to give away something.

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