Behavioral Economic Method Predicts Future Education and Service Industry

Behavioral Economic Method Predicts Future Education and Service Industry

Author: Johnny Ch LOK

Publisher:

Published: 2018-11-16

Total Pages: 388

ISBN-13: 9781731431660

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PrefaceWhat are future education and business industries consumer need challenge? How to predict future education and business industry consumer need challenge? I write this book concerns how to apply behavioral economy method to solve education service to student psychological need challenges as well as how to apply psychological methods to solve consumption challenges for some enterprises. These book divides two part. Part one concerns my recommendations how to attempt to solve students' learning psychological need challenges and explains how economic factor will influence their learning need . Part two concerns my recommendations how to attempt to apply behavioral economy method to solve client consumption challenges.At part one, this book concerns how to apply psychological and economic behavioral methods to predict customer emotion. The first part concerns to how to apply psychological method to predict consumer emotion. The second part concerns to explain what behavioral economy means and how to apply behavioral economic method to predict consumer behavior.It concerns how to apply behavioral economy and psychological method to predict how to manufacture the right food taste to let your consumers to like to eat your food as well as how to produce or design your products to sell to them successfully. I shall use three science and psychology ethnographic research and facial reading technology and online consumption behavioral methods to explain how to predict your client's individual taste and need more accurate. Also, it concerns how to apply psychological method to predict consumer behavior. I shall indiate how to use face reading technology predicts consumer emotion to predict how to do the acceptable ingradients to produce foods to let them to feel more enjoyable to eat sweet foods or drink soft drinking as well as how to use video camera to investigate to predict customer emotion to find what factors had attracted them to choose to buy the manufacturers' products to use and judge whether how to increase your product more attractive to win your competitors.It concerns how to find both what the worst attributed factor(s) had influenced the consumers to be caused to decide not to choose to buy your product as well as what the best attributed factor(s) had influenced the consumers to be caused to decide to buy your product in constructive choice process. I shall indicate how manufacturers can analyze to judge whether what the best and worst attributed factor(s) are during every consumer chooses to buy which kind of product or food in constructive choice process. Behavioral economy is consisted from psychology and standard economic model. Standard economic model is the way most economists think about consumer welfare and consumer choice in microeconomic environment. I shall apply behavioral economic model to explain underground train and Disney entertainment theme park and University and unground train transportation and environmental protection businessmen etc. enterprises which rationality in the standard economic model relies heavily on the assumption that consumers are rational. In this case of consumer individual behavior consumption process, I assume that consumers are fully aware of all the options who have, who can always and consistently to rank their options in accordance will whose preferences and always choose the option who like best. 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.


The Difference Psychological Method Predicts Future Education and Service Industry

The Difference Psychological Method Predicts Future Education and Service Industry

Author: Johnny Ch LOK

Publisher:

Published: 2018-12-05

Total Pages: 388

ISBN-13: 9781790804863

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What are future education and business industries consumer need challenge? How to predict future education and business industry consumer need challenge? I write this book concerns how to apply behavioral economy method to solve education service to student psychological need challenges as well as how to apply psychological methods to solve consumption challenges for some enterprises. These book divides two part. Part one concerns my recommendations how to attempt to solve students' learning psychological need challenges and explains how economic factor will influence their learning need . Part two concerns my recommendations how to attempt to apply behavioral economy method to solve client consumption challenges.At part one, this book concerns how to apply psychological and economic behavioral methods to predict customer emotion. The first part concerns to how to apply psychological method to predict consumer emotion. The second part concerns to explain what behavioral economy means and how to apply behavioral economic method to predict consumer behavior.It concerns how to apply behavioral economy and psychological method to predict how to manufacture the right food taste to let your consumers to like to eat your food as well as how to produce or design your products to sell to them successfully. I shall use three science and psychology ethnographic research and facial reading technology and online consumption behavioral methods to explain how to predict your client's individual taste and need more accurate. Also, it concerns how to apply psychological method to predict consumer behavior. I shall indiate how to use face reading technology predicts consumer emotion to predict how to do the acceptable ingradients to produce foods to let them to feel more enjoyable to eat sweet foods or drink soft drinking as well as how to use video camera to investigate to predict customer emotion to find what factors had attracted them to choose to buy the manufacturers' products to use and judge whether how to increase your product more attractive to win your competitors.


Predicting Education and Service Industries Similar Psychological Methods

Predicting Education and Service Industries Similar Psychological Methods

Author: Johnny Ch LOK

Publisher:

Published: 2018-12-05

Total Pages: 388

ISBN-13: 9781790804559

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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 psychological 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.At part two, I write this book aims to let university educators or students or decision makers have fresh ideas to solve any challenges in educational aspects and give my recommendations how to apply behavioral economic method to explain what the future educational methods will need to be changed in order to attract more student to choose the school to study . I shall explain why information technology (IT) will be the best educational method to solve any future student learning emotion and teacher teaching challeges. This book is suitable to any students or educators who have interest to predict what will be future educational unpredictable challenges as well as to make evaluation to judge whether IT technology will be easy to be used to teachers to teach as well as to students to adapt to learn easily . Anymore, students are as university customers. In consumer behavior theory, I shall indicate how ( information technology) IT educational method can be applied to solve this challenges, such as educational subject development challenge, developing countries educational challenges, choosing university to study challenge, student university life challenge, education and economy challenge influences developing country student psychology and raise teaching quality challenge in my book. Finally, I believe that these challenges will encounter to global education industry in our future. I aim to let educators to recognize IT will be the most suitable educational method to attempt to solve these educational challenges and I also expect any readers can learn new ideas to attempt to solve these challenges.In my this book, I give examples to explain how to apply psychological and behavioral economic both view point related methods to predict consumer individual behavior to let businessmen learn how to choose the reasonable or right methods to attract consumers to choose to buy whose products or consume whose services to win competitors more easily.I wrote this book for several reasons. I want to give my opinions to let businessmen to know how to apply psychological method or behavioral economic method to predict consumer behavior. Psychological method prediction is concentrated on consumer individual emotion, such as between salespeople and customers contact in one shop. Otherwise, behavioral economic method prediction is concentrated on serving consumers in public service industry, e.g. education, transportation, entertainment etc. public service businesses.


Behavioral Economic Raises Student Interest Learning

Behavioral Economic Raises Student Interest Learning

Author: Johnny Ch Lok

Publisher: Independently Published

Published: 2019-02-13

Total Pages: 54

ISBN-13: 9781796811223

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Chapter TwoSuccessful persuasive teaching method can raise student individuallearning behaviorCan teachers apply behavioral economic method to raise student individual learning behavior? Behavioral economic method is explained by psychology and other disciplines to create models of limits on rationality, willpower and self-interest. Although, economic professionals believe it can be applied to predict consumer behavior. But, how any why can it be applied to raise student personal interest to learn new knowledg in education industry aspect? This is one valuable research question. If it can be appled to eduational psychology aspect to raise student individual learning interesting influentially, educators ought need to learn to how to do in order to persuade student indivudal has more interest to learn in anywhere schools or homes or libraries in habitually persuasively. I shall explain some possible educational psychological methods as below: When one student discovered that learning will bring much tangible and intangible benefits to infulence his/her career development in the future. For example, he/she can find good jobs, earn more salaries, raise the high class social positon, build personal successgul image or raise satisfactory feeling, raise social competitive effort in job market etc. different economic related benefits or non economic related benefits both. Then, the teacher or the school will have possible to persuade whose students to raise learning interest when they choose to learn in the school.How to let the student to feel the school can give good economic related or non-economic related benefits to satisfy the student future career plan successful development need persuasively and attractively?


Behavioral Psychological Method Predicts Future Education and Service Industry Consumer Need

Behavioral Psychological Method Predicts Future Education and Service Industry Consumer Need

Author: Johnny Ch Lok

Publisher:

Published: 2018-11-16

Total Pages: 388

ISBN-13: 9781731432803

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The eduational method challenges to higher education engineering lecturers High education (HE) has become more globalized and is slowly changing from being teacher-centered to study-centered. Industry is ever more demanding of graduates' employability and value. Degree programs are required to address the learning outcomes their graduates should attain ( including: discipline and contextual knowledge, practice knowledge and skills and personal and professional attributes).What challenges to higher education engineering lecturers meet? For example, teaching core engineering concepts to assist student engineers to learn how to apply them to solve a problem sometimes supplemented with placements. This is traditional teaching method challenge, so engineering lecturers need to change to apply technological educational method to let engineering students to feel learning more easily. However, new technological teaching method is popular to be applied to lecturers, but it also encounter difficulty, such as students need to understand e.g. risk, critical thinking, business acumen, social desirability of designs and how to adapt their role in innovation to attract student engineers' attention. How to meet demand for engineering graduates? High education is growing into engineering qualifications, essential to attractive, creative, enthusiastic, engaged students from all backgrounds. Thus, higher education engineering lecturers are hoped to train engineering students who can have self-directed learning, transferable skills development. So, higher education engineering lecturer role of teacher is as an educator and learning facilitator. For example, engineering education needs apply new technological educational innovation. Innovation in engineering education can ensure transform students into graduates who are well prepared for future engineering practice, exploits new science and technology is responsive to change socio-economic and environmental contexts. Because nowadays, engineers are hoped creative, innovation ready, entrepreneurial, critically thinking, socially responsible engineers.


Psychological Method Predicts Future Education and Service Industry: Consumer Behavior Difference

Psychological Method Predicts Future Education and Service Industry: Consumer Behavior Difference

Author: Johnny Ch Lok

Publisher: Independently Published

Published: 2019-03-26

Total Pages: 388

ISBN-13: 9781091659995

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The resource based theory of university location competitive advantage challengeAccording to the Porter's theory, the resource based theory can apply competitive resources to be identifies to higher education institutions. For higher education institutions, such as resources might include the reputation of certain departments, the grouping together of areas of specialist expertise and the development of technical patents etc. Also higher education resources may not be imperfectly mobile, as the competitive resources of a university identifies tangible, intangible and organizational assets. So, the tangible resources might include campus location, building capacity, conference facilities and medical research facilities. Intangible resources generally include such items as patents, teaching and research performance, service levels and technology and the geographical location of a service. In a university, such intangible resources might include some of the above and may also include employees/ associates, e.g. experienced professors, renowned authors and distinguished teachers. Also, the location of a university can be accepted as physical and tangible resources of a university. However, I believe location is shown as an important factor to affect the students' university enrolment selection decisions.To sources of competitive advantages are thought to be the reputation of the institution, the curriculum and educational standards, school fees ( tuition), location and student activities etc. different factors. Moreover, any university's general client segments include such as, high school graduates, elderly students and international students, that have been influenced by several factors when selecting the best university to study. One of these factors is again location, the proximity to home and easy transportation is critical factor in selecting a university. Presumably, institutions that are located along well-established public transit routes have a competitive advantage over those with poor transit links. Due to the efficiency of innovation activity increased in easily accessible locations with a high density of economic activity. The existence of education and research institutions as well as easily available information is suggested as a reason for this increase. Also private higher education institutions desire to benefit from these flows by locating itself nearby. Therefore, together with other factors, such as existing capital global flows should be existing capital and population, level of income and location decisions of foundation universities. The location, social life campus, proximity of campus to the city center, exchange programs, the curricula infrastructure, languages medium of instruction and activities are the most significant factors to influence students to choose which university to study. By the past statistic indicated that the location has 94% rate, the proximity of campus to the city center has 84% rate. So, it seems the proximity of campus to the city center factor is more prior choice to compare with the school location is close to the student home factor.Huang (2012) stated that " the right location attracts more students and ensures the revenues of the institution. The location of an educational institution might influence its future prospect of growth. A good location attracts not only more students, but also excellent teaching staff." Because of job opportunities areas, the students are able to get a part-time job and earn extra money for their tuition ( Huang, 2012). Marketing concept has four "P," it can apply to university educational business, such as educational promotion, tuition price, teachers of people and school campus location of place.


Behavioral Economic Method Predicts Consumer Behavior And Relationship

Behavioral Economic Method Predicts Consumer Behavior And Relationship

Author: Johnny Ch Lok

Publisher: Independently Published

Published: 2019-11-10

Total Pages: 60

ISBN-13: 9781707118892

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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.


Psychological Methods Predict Education Service and Consumption Behavior

Psychological Methods Predict Education Service and Consumption Behavior

Author: Johnny Ch LOK

Publisher:

Published: 2017-11-09

Total Pages: 387

ISBN-13: 9781973263012

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In my this book, I give examples to explain how to apply psychological and behavioral economic both view point related methods to predict consumer individual behavior to let businessmen learn how to choose the reasonable or right methods to attract consumers to choose to buy whose products or consume whose services to win competitors more easily. I wrote this book for several reasons. I want to give my opinions to let businessmen to know how to apply psychological method or behavioral economic method to predict consumer behavior. Psychological method prediction is concentrated on consumer individual emotion, such as between salespeople and customers contact in one shop. Otherwise, behavioral economic method prediction is concentrated on serving consumers in public service industry, e.g. education, transportation, entertainment etc. public service businesses.JOHNNY CH LOKBusiness Psychology


Judgement the Difference Between Behavioral Economy and Psychological Methods to Predict Consumption

Judgement the Difference Between Behavioral Economy and Psychological Methods to Predict Consumption

Author: Johnny Ch LOK

Publisher:

Published: 2017-07-30

Total Pages: 519

ISBN-13: 9781521974322

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The second part concerns how to explain what behavioral economy means and how to apply behavioral economy method to predict consumer behavior. Behavioral economics can provide more realistic psychological foundations. This part 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 second part, it shall indicate how the process of behavioral economic field develops, then I shall show what methods are used to measure behavioral economy. Next, I shall indicate what the main two categories of behavioral 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 In summary, standard economic theories assume that consumers are rational and self- interested. However, behavioral economic theories assumes that psychology shows who are not rational usually. I shall indicate how consumer's psychological decision to choose their behavioral consumption in actual life environment for underground train and Disney entertainment theme park and University and unground train transportation and environmental protection businessmen etc. enterprises. Some consumption of these enterprises evidences also show that consumer individual irrationality , these enterprises have predictable features in these enterprises consumption situation I shall use these enterprises to explain why behavioral economy can make economic predictions more accurate by using these enterprises' consumption evidences on their predictable irrational behavior to these enterprises. Although, these global enterprises' market competition is serious, consumers may be expected to learn to reduce irrational behavior over time, these processes may not work well and may take. You can read these underground train and Disney entertainment theme park and University and unground train transportation and environmental protection businessmen etc. enterprises to make judgement why behavioral economic model is more accurate to predict consumer behavior to compare standard economic model.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 labor psychology or client psychological consumption behavior. Then, which can have more confidence to attract more clients or reduce labor 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 behavioral economy methods to judge to do the most reasonable or the most right economic activities to achieve economic benefit in everyday life.Finally, in part three, I shall explain why to apply either behavioral economy or psychological method to predict as above sample cases which is more suitable to predict consumer behavior.I wrote this book for several reasons. I want to give my opinions to let businessmen to know how to apply psychological method or behavioral economic method to predict consumer behavior. Psychological method prediction is concentrated on consumer individual emotion, such as between salespeople and customers contact in one shop. Otherwise, behavioral economic method prediction is concentrated on serving consumers in public service industry, e.g. education, transportation, entertainment etc. public service businesses.


Behavioral Economic Method Predicts Consumer And Employee

Behavioral Economic Method Predicts Consumer And Employee

Author: Johnny Ch Lok

Publisher: Independently Published

Published: 2019-09-25

Total Pages: 408

ISBN-13: 9781695613003

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Considerably, respectively, I assume that if these service employees' managers can build kindly working environment, e.g. manager individual attitude and behavior can let their employees to feel happy to work together in their teams. Then, the managers' kindly as enthusiastic behaviors or attitudes will let every employee more positive encouragement of service attitude to serve their clients in their teams. Then, the client complaining number will be possible reduced, even none of any complains. Hence, building kindly relationship between managers and employees will raise excellent service performance to any organization service nature employees.Can bonus method encourage service performance to be raised ? In service job nature of bonus method can also raise employees' overall productivities or service performance. For example, when employees got a provisional bonus before the start of the workweek, but were warned that they would lose it on payday, unless they achieve the productivities or excellent service performance norm, they worked more productivities or let many clients to satisfy their service performance. Hence, managers can achieve bonus plan to compensate any excellent productivity or excellent services to them. Then, they can let clients to feel their service performance more satisfactory than employees of a control group who were merely given the standard promise to receive a bonus upon achieving the norm.