Download or read book Consumer Behaviors and Economy Relationship written by Johnny Ch LOK and published by . This book was released on 2020-03-16 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt: Whether design factor can predict consumer behavior for environment protection productWhy environmental pollution and human right abuses has close relationship to influence quality of life and economic growth?In fact, environment pollution and human right abuses has close relationship. It is clear that poverty situations and human rights abuses are worsened by environmental degradation. The result can influence poor human quality of life to the developing countries' people unfairly. There are these several abvious reasons: firstly, the exhaustion of natural resources leads to unemployment and emigration to cities; secondly, this affects the enjoyment and exercise of basic human rights. Environmental conditions contribute to a large extents to the spread of infections diseases. From the 4,400 million of people who live in developing countries, almost 60% lack basis health care services, a almost a third of these people have no access to safe water supply; thirdly, degradation poses new problems, such as environmental refugees. Environmental refugees suffer from significant economic, socio-cultural and political consequences. And fourthly, environmental degradation worsens existing problems suffered by developing and developed countries. David J. Nowak & Gordon M. Melsler (2016) showed" Air pollution , for example, accounts for 2.7 million to 3.0 million of deaths annually and of these 90% are from developing countries. " Hence, our societies need to concern human right law to protect unfair treatment to developing countries people. Firstly, both disciplines have deep social root, even though human rights law is more rooted within the collective consciousness, the accelerated process of environmental degradation is generating a new " environmental consciousness". Secondly, both disciplines have become internationalized . The international community has assumed the commitment to observe the realization at human rights and respect for the environment. Thirdly, both areas of law tend to universalize their object of protection. Human rights are presented as universal and the protection of the environment appears as everyone is responsibility. Human right and environment law can raise our quality of life because the first approach is one where environmental protection is described as a possible means of fulfulling human rights standards. Here, environmental law is conceptualized as giving a protection that would help ensure the well-being of future generations as well as the survival of those who depend immediately upon natural resources for their livelihood. So, the end is fulfulling human rights, and the route is though environmental law, the second approach places the two sphere in inverted positions, it states that the legal protection of human rights is an effective means to achieving the ends of conservation and environmental protection. Therefore, the presently existing human right is as a route to environmental protection. The focus is on the connection to influence any economy: health, food supply , housing, fresh natural air supply etc. aspects of quality of life issues. Hence, human right and environment law and human quality of life and economic growth has close relationship . We can not neglect to concern how to achieve human right law to protect our nature environment existing in our societies.What are environmental factors affect human health in important way, both positive and negative?

Download or read book The Political Economy of Consumer Behavior written by Bruce Pietrykowski and published by Routledge. This book was released on 2009-05-07 with total page 427 pages. Available in PDF, EPUB and Kindle. Book excerpt: Consumption forms a major part of people’s lives. As such, geographers, historians of technology and sociologists have devoted much attention to trying to figure out what makes consumption meaningful. By contrast, economists have been content to hold onto theories of consumption that depend on a self-interested representative agent making utility maximizing decisions. Pietrykowski develops this alternative account through the recovery of past attempts to forge a different analytical approach to the study of consumption. In particular, theories of consumption espoused by home economists, psychological economists and Regulation school theorists are critically reviewed. These research projects, marginalized by the mainstream, are the precursors of contemporary scholarship in feminist, behavioural and radical political economics. Reclaiming this work greatly enlarges the scope for contemporary research in consumer behavior. Pietrykowski then provides a richly textured set of case studies of green automobility, slow food and alternative/local currency in order to explore the diversity of user cultures and to highlight resistant forms of consumer practice. By carefully interweaving historical and interdisciplinary research Pietrykowski creates a lively and incisive critique of mainstream economics This monograph will be of interest to academic economists, sociologists, historians and graduate students. In addition, the economics of consumption would also be of interest to readers in management, marketing and schools of business administration.

Download or read book Behavioral Economy And Marketing Strategic Relationship written by Johnny Ch LOK and published by Independently Published. This book was released on 2019-01-25 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt: Chapter FourThe impact of behavioral economicson influence consumer behavioralutility maximizing function predictionI have one interesting question? If consumers are not always rationally maximizing some kind of utility function to bring benefits to them after they bought the product. Can manufacturers apply behavioral economic method to predict what factors can influence them to decide final shopping decision to satisfy their own best interest? Usually behavioral economic method assumes consumers choose to buy any products, it is based on maximizing utility function factor to satisfy their needs.Therefore, it assumes that consumers choose to buy any products, the reason is because that they feel the product can give the most efficient and welfare maximizing to satisfy their useful needs , before they choose to buy the product. So, if the consumer chose to buy the product, it is not maximizing utility function feeling to influence he/she choose to buy the product. So, whether what other factors can influence whose rational choice to buy the product. In fact, behavioral economic method can make any questioning well-established assumptions to attempt to provide a similar analytical predictive power to evaluate whether how and why consumers will choose to do the purchase decisions to the products. It also assumptions of rational and profit-maximizing behavior is any product sellers or manufacturers' main aim or intention . However, any manufacturers or product sellers expect to predict consumer behaviors more accurately, they need to prepare to gather evidence on relevance and testing the explanatory power of alternative any age, sex, personal characteristics of consumer behaviors to gain the more accurate behaviours for any predictive result of consumer behavior changes.However, if consumers are not always rationally maximizing some kind of utility function to any products. Why do we predict what factors can influence their consumption decision or shopping choice more easily? I think other factors which can influence consumer individual choice. They may include cheaper attractive price to compare other kinds of similar brands of products factor, product attractive appearance factor, friend of family's good recommendation concerns to the brand of product's quality or effective function factor, familar or famous brand factor etc. Therefore, it seems tht maximizing utility function welfare or benefit factor must not only one influential factor to attract or persuade any consumers to make final decision to choose to buy the brand of products absolutely. Although, in behavioral economic view point, consumers will need any products to provide more utility benefits or welfares to satisfy whose needs. They will compare whether whice product's price is value to satisfy their long-term useful utility function need. They expect products will be durable and they can provide more functions to let them to enjoy when they are using the products. However, in fact, there are many other unpredictive factors will change consumer individual feeling to maximize utility function need which will be their prior or preference of consumption decision or choice more than other kinds of different viable or non viable factors before they choose to buy the product.

Download or read book Behavioral Economy Methods Predict Consumer Behaviors written by Johnny Ch LOK and published by . This book was released on 2018-04-24 with total page 318 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is concerned how to apply behavioral economy method to predict consumer behavior. Also I shall compare to explain what advantages and disadvantages between any one of my solvable suggestions and the any one of the company's choice of solvable method to these any one sample industry consumer behavioral economic challenges to aim to let any reader to judge whether how to choose the solvable method is better. In, conclusion, this book can provide sample industries to let students to learn how to behavioral economy method to predict consumer behaviors. In Behavioral economics part , it can provide more realistic psychological foundations. This book is intended to explain why consumer behaviors and economy has close relationship and apply economic concept to explain how the consumer chooses to do whose consumption of decision. It divides part one and part two In part one, it shall indicate how the process of behaviour economic field develops, then I shall show what methods are used to measure behavioural economy. Next, I shall indicate what the main two categories of behavioural economy are as well as I shall explain what risky and uncertain outcomes of individual behavior economic theories are as well as what behavioral game theory is. Finally, I shall explain how policy makers or decision makers can apply behavioral economy concept to do whose policy decision as well as I shall also indicate why behavioral economy and psychology which has close relationship to influence consumption of decision. In part two, I shall indicate Disney entertainment theme park and university education industry and airline travel industry and underground train transportation tool and environmental protection product five industries to explain how which can apply psychological methods to predict which client's preferable behavioral choice to achieve economic benefits more easily. Thus, if company or individual businessman can predict labour psychology or client psychologic consumption behavior. Then, which can have more confidence to attract more clients or reduce labour turnover. This book is suitable to any economists or policy makers or individual consumption makers or students or businessmen who have interest to learn how to apply behavioural economy methods to judge to do the most reasonable or the most right economic activities to achieve economic benefit in everyday life.

Download or read book Research Business Behavior and Consumer Psychology written by Johnny Ch Lok and published by Independently Published. This book was released on 2018-10-08 with total page 388 pages. Available in PDF, EPUB and Kindle. Book excerpt: PrefaceThis book is concerned how to apply behavioral economy method to predict consumer behavior. Also I shall compare to explain what advantages and disadvantages between any one of my solvable suggestions and the any one of the company's choice of solvable method to these any one sample industry consumer behavioral economic challenges to aim to let any reader to judge whether how to choose the solvable method is better. This book can provide sample industries to let students to learn how to behavioral economy method to predict consumer behaviors. This book divides part one and part two. Part one explains what behavioral economy function and mean is and how applying this method to predict consumer behavior. Part two explains what psychological method mean and function and how appling this method to predict consumer behavior.In Behavioral economics part, it can provide more realistic psychological foundations. This book is intended to explain why consumer behaviors and economy has close relationship and apply economic concept to explain how the consumer chooses to do whose consumption of decision. In part one, it shall indicate how the process of behaviour economic field develops, then I shall show what methods are used to measure behavioural economy. Next, I shall indicate what the main two categories of behavioural economy are as well as I shall explain what risky and uncertain outcomes of individual behavior economic theories are as well as what behavioral game theory is. Finally, I shall explain how policy makers or decision makers can apply behavioral economy concept to do whose policy decision as well as I shall also indicate why behavioral economy and psychology which has close relationship to influence consumption of decision. In this part, I shall indicate underground train and Disney entertainment theme park and University and unground train transportation and environmental protection businessmen etc. enterprises to explain how which can apply psychological methods to predict which client's preferable behavioral choice to achieve economic benefits more easily. Thus, if company or individual businessman can predict labour psychology or client psychologic consumption behavior. Then, which can have more confidence to attract more clients or reduce labour turnover. This book is suitable to any economists or policy makers or individual consumption makers or students or businessmen who have interest to learn how to apply behavioural economy methods to judge to do the most reasonable or the most right economic activities to achieve economic benefit in everyday life.

Download or read book Behavioral Economy and Consumpton Behavioral Prediction Relationship written by Johnny Ch LOK and published by . This book was released on 2017-07-10 with total page 418 pages. Available in PDF, EPUB and Kindle. Book excerpt: Behavioral economics can provide more realistic psychological foundations. This book is intended to explain why consumer behaviors and economy has close relationship and apply economic concept to explain how the consumer chooses to do whose consumption of decision. In this book, it divides part one and part two and part three. In part one, it shall indicate how the process of behaviour economic field develops, then I shall show what methods are used to measure behavioural economy. Next, I shall indicate what the main two categories of behavioural economy are as well as I shall explain what risky and uncertain outcomes of individual behavior economic theories are as well as what behavioral game theory is. Finally, I shall explai how policy makers or decision makers can apply behavioral economy concept to do whose policy decision as well as I shall also indicate why behavioral economy and psychology which has close relationship to influence consumption of decision. In part two, I shall indicate underground train and Disney entertainment theme park and University and unground train transportation and environmental protection businessmen etc. enterprises to explain how which can apply psychological methods to predict which client's preferable behavioral choice to achieve economic benefits more easily. Thus, if company or individual businessman can predict labour psychology or client psychologic consumption behavior. Then, which can have more confidence to attract more clients or reduce labour turnover. This book is suitable to any economists or policy makers or individual consumption makers or students or businessmen who have interest to learn how to apply behavioural economy methods to judge to do the most reasonable or the most right economic activities to achieve economic benefit in everyday life. In part three, I shall explain how to apply behavioral economy method to attempt to predict how any consumer individual consumption of decision. How to predict why the consumer chooses to do whose consumption behavior in psychological view point. I shall introduce the different kinds of behavioral consumption of prediction methods include: the standard economic model of behavioral consumption of prediction method, online psychological advertising of prediction method, brand image attention of behavioral consumption of prediction method, store atmosphere environment influence prediction method, knowledge of the factors prediction method, constructive consumer choice processes influence prediction method, survey research prediction method ,consumer neuroscientific research prediction method etc. different psychological research of consumption methods. I shall indicate that how to predict customer behavior in marketing view point, analyzing and predicting consumer behavior can include demographics, personality, personal values and lifestyles. First, demographics is the size, structure and distribution of a population. How marketers use demographic analysis as market segment, descriptors and in trend analysis to predict customer behavior as well as how consumer analysts use demographic trends to predict changes in demand for and consumption of specific products and services. To explain how demographic analysis provides information for social policy and demographics used in analyzing policy questions related to the aggregate performance of marketing in society ( macro marketing) to predict how industrial demand is ultimately derived from consumer demand.

Download or read book The Political Economy of Consumer Behaviour written by Bruce Pietrykowski and published by . This book was released on 2009 with total page 195 pages. Available in PDF, EPUB and Kindle. Book excerpt: Consumption forms a major part of people's lives. As such, geographers, historians of technology and sociologists have devoted much attention to trying to figure out what makes consumption meaningful. By contrast, economists have been content to hold onto theories of consumption that depend on a self-interested representative agent making utility maximizing decisions. Pietrykowski develops this alternative account through the recovery of past attempts to forge a different analytical approach to the study of consumption. In particular, theories of consumption espoused by home economists, psychological economists and Regulation school theorists are critically reviewed. These research projects, marginalized by the mainstream, are the precursors of contemporary scholarship in feminist, behavioural and radical political economics. Reclaiming this work greatly enlarges the scope for contemporary research in consumer behavior. Pietrykowski then provides a richly textured set of case studies of green automobility, slow food and alternative/local currency in order to explore the diversity of user cultures and to highlight resistant forms of consumer practice. By carefully interweaving historical and interdisciplinary research Pietrykowski creates a lively and incisive critique of mainstream economics This monograph will be of interest to academic economists, sociologists, historians and graduate students. In addition, the economics of consumption would also be of interest to readers in management, marketing and schools of business administration.

Download or read book The Relationship Between Consumer Behavior And written by Johnny Ch LOK and published by . This book was released on 2018-08-20 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt: Chapter 1Digital consumption marketNowadays, digital electronic marketing invention has be popular to change traditional consumption model. In special, in US, UK Europe etc. large area countries people who like to consume from digital e-commerce online shopping channel more than traditional walk-in visiting stores/shops purchasing channel.So, online shopping will be play one important digital consumption market role to influence future consumer behavior as well as it will also influence predictive economy change. The digital consumption environment can link global consumption transaction activities between consumers and businessmen to shorten every consumer individual decision making time as well as it can build social consumption online networks in online shopping environment.According to internet live stats which collect data from different international sources, around 40% of the work population has an internet connection today, when 20 years ago it was less than 1%. The number of internet users has increased from 1999 year to 2013 year, the third billion being reached in 2014 year of it, today only one billion people are using social networks, but by 2020 year this number will double according to analysts ( Internet live statistics , 2015).It brings this interesting question: How will digital consumption market be one marketing information factor to influence consumption behavior changes? I shall indicate some cases to explain how digital consumption marketing channel influences some products or services consumption model changes.For travel industry example, travel agents are one middle people to provide hotel rooms pre-booking arrangement, travel journeys arrangement, purchase electronic air tickets service arrangement between the travelling consumer and the airline. In general, every traveler must walk-in to visit the travel agent to choose the most reasonable travel journey arrangement and air paper ticket price, hotel room traveling and different kinds of traveling entertainment and transportation arrangement services. However, nowadays digital consumption market is popular, e-airline ticket ( electronic airline tickets) pre-booking hotel rooms, pre-traveling trip arrangement which can be provided pre-booking consumed service from internet channel. It will bring one more traveling consumption channel choice to any one traveling consumer.Internet technical improvement, traveling consumers begin to have increasingly more diverse needs. They can find or seek any traveling information from internet and the visa card payment method of choice, so they can choose either online or walk-in visiting travel agents both traveling service consumption marketing research methods will change traveling consumer individual whose traditional visiting travel agents channel to online e-airline ticket purchase online pre-booking hotel rooms arrangement channel. Due to traveling people began to use the internet on a larger scale in order to search products or services and to compare their price and characteristics. Online marketing began to have a decisive role in the buying process, so new technology have more development in order to predict how to change the consumers behavior, one of them being big data in traveling entertainment market. So, internet will change traditional traveling agents role to pre-booking e-airline ticket purchase, online pre-booking hotel room traveling consumption role.

Download or read book Behavioral Economy and Psychological Consumption Relationship written by Johnny Ch LOK and published by . This book was released on 2017-08-31 with total page 287 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is concerned how to apply behavioral economy method to predict consumer behavior. Also I shall compare to explain what advantages and disadvantages between any one of my solvable suggestions and the any one of the company's choice of solvable method to these any one sample industry consumer behavioral economic challenges to aim to let any reader to judge whether how to choose the solvable method is better. In, conclusion, this book can provide sample industries to let students to learn how to behavioral economy method to predict consumer behaviors.In Behavioral economics part , it can provide more realistic psychological foundations. This book is intended to explain why consumer behaviors and economy has close relationship and apply economic concept to explain how the consumer chooses to do whose consumption of decision.

Download or read book Apply Behavioral Economy Concept to Predict Consumer Behavior written by Johnny Ch LOK and published by . This book was released on 2017-07-23 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Behavioral economics part , it can provide more realistic psychological foundations. This book is intended to explain why consumer behaviors and economy has close relationship and apply economic concept to explain how the consumer chooses to do whose consumption of decision.It divides part one and part two and part three and part four. In part one, it shall indicate how the process of behaviour economic field develops, then I shall show what methods are used to measure behavioural economy. Next, I shall indicate what the main two categories of behavioural economy are as well as I shall explain what risky and uncertain outcomes of individual behavior economic theories are as well as what behavioral game theory is. Finally, I shall explai how policy makers or decision makers can apply behavioral economy concept to do whose policy decision as well as I shall also indicate why behavioral economy and psychology which has close relationship to influence consumption of decision. In part two, I shall indicate underground train and Disney entertainment theme park and University and unground train transportation and environmental protection businessmen etc. enterprises to explain how which can apply psychological methods to predict which client's preferable behavioral choice to achieve economic benefits more easily. Thus, if company or individual businessman can predict labour psychology or client psychologic consumption behavior. Then, which can have more confidence to attract more clients or reduce labour turnover. This book is suitable to any economists or policy makers or individual consumption makers or students or businessmen who have interest to learn how to apply behavioural economy methods to judge to do the most reasonable or the most right economic activities to achieve economic benefit in everyday life. In part three, I shall explain how to apply behavioral economy method to attempt to predict how any consumer individual consumption of decision. How to predict why the consumer chooses to do whose consumption behavior in psychological view point. I shall introduce the different kinds of behavioral consumption of prediction methods include: the standard economic model of behavioral consumption of prediction method, online psychological advertising of prediction method, brand image attention of behavioral consumption of prediction method, store atmosphere environment influence prediction method, knowledge of the factors prediction method, constructive consumer choice processes influence prediction method, survey research prediction method ,consumer neuroscientific research prediction method etc. different psychological research of consumption methods. In part four, I shall give insurance and travel both industries to explain how to apply behavioral economy theories to solve consumer behavior prediction as well as I shall indicate some methods to explain how manufacturers or service providers can attempt to solve some challenges encountering when who attempt to predict consumer behaviors. Finally, I shall indicate what the methods are the most effective to attempt to predict consumer behaviors.

Download or read book Socio Economic Perspectives on Consumer Engagement and Buying Behavior written by Kaufmann, Hans Ruediger and published by IGI Global. This book was released on 2017-01-18 with total page 441 pages. Available in PDF, EPUB and Kindle. Book excerpt: In modern business practices, marketing dimensions are changing with new opportunities appearing in consumer behavioral contexts. By studying consumer activities, businesses can better engage and retain current and new customers. Socio-Economic Perspectives on Consumer Engagement and Buying Behavior is a comprehensive reference source on new innovative dimensions of consumer behavioral studies and reveals different conceptual and theoretical frameworks. Featuring expansive coverage on a number of relevant topics and perspectives, such as green products, automotive technology, and anti-branding, this book is ideally designed for students, researchers, and professionals seeking current research on the dimensions of consumer engagement and buying behavior.

Download or read book Raising Customer Consumption Desire written by Johnny Ch Lok and published by Independently Published. This book was released on 2018-10-17 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is concerned how to apply behavioral economy method to predict consumer behavior. Also I shall compare to explain what advantages and disadvantages between any one of my solvable suggestions and the any one of the company's choice of solvable method to these any one sample industry consumer behavioral economic challenges to aim to let any reader to judge whether how to choose the solvable method is better. In, conclusion, this book can provide sample industries to let students to learn how to behavioral economy method to predict consumer behaviors.Research question: How to raise consumers' consumption desire?In Behavioral economics part, it can provide more realistic psychological foundations. This book is intended to explain why consumer behaviors and economy has close relationship and apply economic concept to explain how the consumer chooses to do whose consumption of decision. It divides part one and part two and part three and part four. In part one, it shall indicate how the process of behaviour economic field develops, then I shall show what methods are used to measure behavioural economy. Next, I shall indicate what the main two categories of behavioural economy are as well as I shall explain what risky and uncertain outcomes of individual behavior economic theories are as well as what behavioral game theory is. Finally, I shall explai how policy makers or decision makers can apply behavioral economy concept to do whose policy decision as well as I shall also indicate why behavioral economy and psychology which has close relationship to influence consumption of decision. In part two, I shall indicate underground train and Disney entertainment theme park and University and unground train transportation and environmental protection businessmen etc. enterprises to explain how which can apply psychological methods to predict which client's preferable behavioral choice to achieve economic benefits more easily. Thus, if company or individual businessman can predict labour psychology or client psychologic consumption behavior. Then, which can have more confidence to attract more clients or reduce labour turnover. This book is suitable to any economists or policy makers or individual consumption makers or students or businessmen who have interest to learn how to apply behavioural economy methods to judge to do the most reasonable or the most right economic activities to achieve economic benefit in everyday life.In part three, I shall explain how to apply behavioral economy method to attempt to predict how any consumer individual consumption of decision. How to predict why the consumer chooses to do whose consumption behavior in psychological view point. I shall introduce the different kinds of behavioral consumption of prediction methods include: the standard economic model of behavioral consumption of prediction method, online psychological advertising of prediction method, brand image attention of behavioral consumption of prediction method, store atmosphere environment influence prediction method, knowledge of the factors prediction method, constructive consumer choice processes influence prediction method, survey research prediction method, consumer neuroscientific research prediction method etc. different psychological research of consumption methods.

Download or read book Leveraging Consumer Behavior and Psychology in the Digital Economy written by Suki, Norazah Mohd and published by IGI Global. This book was released on 2020-06-26 with total page 299 pages. Available in PDF, EPUB and Kindle. Book excerpt: With the increasing prevalence of information, communication, and technology, including social media, in the digital economy, leveraging consumer behavior and psychology has become a dominant ground for researchers and practitioners to inspect the trends, opportunities, and challenges to social networking service (SNS) developers and online firms. These platforms have become a key channel for social interactions and networking among individuals and online communities to leverage business activities in respect to product and service visibility and sustainability via the internet. Leveraging Consumer Behavior and Psychology in the Digital Economy is a pivotal reference source that provides current research on topics relevant to consumer behavior, consumer psychology, consumer value, customer satisfaction, and loyalty and how best to utilize this research consumer behavior and psychology in the digital economy. Emphasizing critical topics in the field of consumer behavior research, this publication is a wide-ranging resource for professionals, practitioners, marketers, retailers, business managers, academics, researchers, and graduate-level students interested in the latest material on consumer behavior and psychology in the digital economy.

Download or read book How Behavioral Economic Method Explains And Predicts written by Johnny Ch Lok and published by . This book was released on 2019-07-18 with total page 524 pages. Available in PDF, EPUB and Kindle. Book excerpt: Reducing time pressure consumptionmethodsHow can sellers persuade consumers to choose to buy their products or consume their services in time pressure environment easily? It is a valuble research topic to concern how to know how consumer individual decision making to spend his/her available resources ( time, money and efforts, or consumption relatd aspects) as well as how any why he/she chooses the preference brand to buy its any kind of products or consume its services, when he/she chooses to buy the brand of products or consume its services? Hence, marketers need to obtain an indepth knowledge of consumer buying behavior.In any buying process, time factor will have about 10 % to 40 % to influence consumer decision. When the consumer feels hurry to consume, e.g. planning to go to travel, when he/she needs to choose to buy which airline's air ticket and what day and time is the right air ticket prebooking purchase decision right time choice; or enrolling which school to be choosed course to study decison, e.g. how long time is needed to be choose which school is the most suitable to provide the most suitable courses studying choce change; purchase warm clothes to wear in winter, when is the suitable time to choose to buy the cheaper warm clothers to prepare to wear in winter, e.g. Jan to Mar., April to June, July to Aug. month; when is the most suitable time to buy another new house to live, when the property consumer( buyer) has lived present house for long time, e.g. three years or more. All of these issues will include time factor to influence the consumer feels when he/she ought choose to buy the kind of product or consume the kind of service. However, the other factors will also include to influence his/her decision, e.g. family, friend relationship factor, advertising factor, social status factor, cultural difference factor, personal psychological need level or satisfactory level factor, young or old age factor, income level factor, economic environment factor, material enjoyable need factor etc. factors.

Download or read book Difference Between Micro And Macro Economic Measurement To Consumer Behavior written by Johnny Ch LOK and published by Independently Published. This book was released on 2019-11-20 with total page 374 pages. Available in PDF, EPUB and Kindle. Book excerpt: Behavioral economy consumption desires measurement methodHow to apply behavioral economic theory to measure consumption level or consumption desire to the country? I shall assume that consumption is to be measured by private and public expenditures at constant prices at conventionally defined and all money prices are assumed constant. How to measure real consumption?In fact, consumer behavior has relationship to any country, itself economic growth or recesion in any economic and consumption environment . The purpose of income calculations in practiced affairs to give consumers an indication of the amount which they can consume. It would seem that we ought to define a man's income as the maximum value, which he can consume during a week, and still expect to be well at the end of week as he has at the beginning.An economy which uses money , but uses it is as a neutral link between transactions in real things and real assets and does not want of a better , a real exchange economy with an economy in which money plays a part of its own and affects motives and decisions and as , in short, one of the operative factors in the situation. So that the course of events can not be predicted either in the long period or in the short period, without knowledge of the behavior of money between the first state and last. It is a monetary economy means to influence any country itself consumer behavioral consumption desires change to more or less shopping times.Hence, money matters in both the long and short run. Money affects real decision making and employment and output outcomes to any countries. The economic system is moving through calendar time from an irrevocable past to an uncertain and statistically unpredictable future. Any country's past and present consumption market data do not necessary provide correct signals regarding future outcomes. Ths means that economic data are not necessarily generated by a process. Constrasts denominated in money terms are a human in an entrepreneurial economy. It helps humans efficiently organize time-consuming production and exchange processes in a world of uncertainty.

Download or read book How Applying Behavioral Economic Method To written by John Lok and published by . This book was released on 2023-09-16 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is concerned how to apply behavioral economy method to predict consumer behavior. Also I shall compare to explain what advantages and disadvantages between any one of my solvable suggestions and the any one of the company's choice of solvable method to these any one sample industry consumer behavioral economic challenges to aim to let any reader to judge whether how to choose the solvable method is better. In, conclusion, this book can provide sample industries to let students to learn how to behavioral economy method to predict consumer behaviors. In Behavioral economics part, it can provide more realistic psychological foundations. This book is intended to explain why consumer behaviors and economy has close relationship and apply economic concept to explain how the consumer chooses to do whose consumption of decision.

Download or read book Behavioral Economic Method Predicts Consumer Behavior And Relationship written by Johnny Ch Lok and published by Independently Published. This book was released on 2019-11-10 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: ditional economy can be predominted by psychology, but it can also include elements of philosophy, sociology nd even mathematics or econometrics. When any product manufacturers or sellers or service providers expect to predict consumer market how will change to influence consumer individual consumption effort. Analysis is necessary, it is made possible a better understanding of the human brain and of the fundmentals on which it builds decision-making. However, they also need to make any hypotheses of consumption environment to attempt to find what factors will influence future individual customer behavioral changes to make decision making whether how any why he/she chooses to buy the product or consume the service. So, the research methodology was concentrate on quality method more than quantity method when any product manufacturer or service provider expects to predict future consumer behavioral how and why changes more easily. The research processing includes data collected from the global business similar product seller market. The data can concern: How and why the environmental factors had influenced many consumers make emotional reponses of individuals in economical decision making to choose the purchase any similar brand product consumers' shopping experiences will help the present product manufacturers to predict whether how and why what factors will influence the similar product consumers to choose to buy its products in future consumption environment more easily.