I always thought that the quotient space $(S^k\times D^n)\,/\,(S^k\times \partial D^n)$ equals $S^k\times S^n$, at least up to homotopy type. It looks so natural.. but answering this and then reading this, I realized it's simply wrong.
It seems to me that the quotient is some kind of "reduced product" $$ (S^k\times S^n)\,/\,(S^k\times \{*\}) $$
Any hint for a better description, or at least for computing the homotopy groups?
The case $k=n=1$ shows pretty clearly what goes wrong. $S^1 \times S^1$ is the torus, whereas $(S^1 \times D^1) / (S^1 \times \partial D^1)$ is the torus with a single longitude pinched down to a point. That pinching can kill homotopy group elements.
So for example they don't even have the same fundamental group: the torus has fundamental group $\mathbb{Z}^2$, whereas $(S^1 \times D^1) / (S^1 \times \partial D^1)$ has fundamental group $\mathbb{Z}$.