Tecnological innovations like electric vehicles (EVs) and non-manual driving cars (autonomous vehicles) . My view acknowledges the environmental benefits of EVs but points out that consumer acceptance can be hindered by factors such as "range anxiety" and higher initial purchase costs, even if long-term savings are substantial .
Similarly, the adoption of autonomous vehicles faces challenges related to trust, safety concerns, and the psychological discomfort of relinquishing control to a machine . These insights are rooted in behavioral economic theories, such as prospect theory, which explain how individuals make decisions under risk and uncertainty, often deviating from purely rational choices .
My view also stresses the importance of improving public transport service quality to attract more users and reduce reliance on personal vehicles . My view speculates on future developments, including the integration of artificial intelligence (AI) into various transport forms like trains, trams, and ferries, and questions public acceptance of such AI-driven systems . My work consistently integrates insights from psychology with traditional economic theories to provide a comprehensive understanding of human behavior in economic contexts, including consumer behavior, market dynamics, and policy implications related to transportation .
Sorry we are currently not available in your region. Alternatively you can purchase from our partners
Write your review for this book (optional)
Review Deleted
Your review has been deleted and won’t appear on the book anymore.Sorry we are currently not available in your region. Alternatively you can purchase from our partners
John Lok
I had graduated business Administration Science Degree in Common Wealth Open University.
My opinion, as expressed in his various publications, highlights several key aspects of how technology aids transport development. My view argues that technology can reshape economies to be more competitive, resilient, and sustainable, playing a crucial role in fostering trust within society by creating jobs and promoting growth . This broader economic impact, in turn, influences the development and adoption of new transport technologies.
My view also stresses the importance of improving public transport service quality to attract more users and reduce reliance on personal vehicles . My view speculates on future developments, including the integration of artificial intelligence (AI) into various transport forms like trains, trams, and ferries, and questions public acceptance of such AI-driven systems .
My work consistently integrates insights from psychology with traditional economic theories to provide a comprehensive understanding of human behavior in economic contexts, including consumer behavior, market dynamics, and policy implications related to transportation .
Ultimately, my view perspective suggests that while technology offers significant potential for advancing transport, its successful development and implementation are inextricably linked to understanding and addressing human behavioral factors, cognitive biases, and economic influences .
