My hypothetical book on behavioral economics and facility management would likely offer a unique perspective by integrating the psychological biases and heuristics identified in behavioral economics with the practical, operational, and strategic challenges of facility management (FM). While traditional FM literature often focuses on engineering, project management, and financial optimization.
My work would distinguish itself by exploring how cognitive biases influence decision-making within FM contexts, from energy consumption choices to maintenance scheduling and space utilization. For instance, it might delve into how present bias affects long-term infrastructure investments, or how anchoring bias impacts budget negotiations for FM services. This interdisciplinary approach would be a significant departure from conventional FM texts, which typically do not extensively incorporate behavioral science principles.
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John Lok
J OHN LOK, Behavioral Economist
I had graduated business Administration Science Degree in Common Wealth Open University. Then, I concentrate on researching whether how economic changing environment can influence our behaviors, e.g. consumer behavior in behavioral economic view. I had researched different behavioral economic topics included how artificial intelligence influences economic environment changes, how artificial intelligence influences consumer behaviors, how disease influences traveler leisure psychology, how economic changing environment influences public transport passenger choice, how e-commerce market influences consumer behavior etc. different books are published. I hoped my readers can make accurate analysis to learn how and why the economic changing environment influences consumer behavior in behavioral economic view.
Biographies and acknowledgements
Dr. Ka Leung Lok (Lawrence), FM Lecturer
Academically, Lawrence was awarded his PhD from School of Built Environment of University of Salford. He got his B. Sc. (Honour) Degree in Building from The City University of Hong Kong and MBA in Construction and Real Estate from The University of Reading. Professionally, Lawrence is developing as a consultant, lecturer and manager in the field of construction and real estate. His research interests are in the areas of Facilities Management Outsourcing relationships and relevant ISO series.
