"It was a wonderful experience interacting with you and appreciate the way you have planned and executed the whole publication process within the agreed timelines.”
Subrat SaurabhAuthor of Kuch Woh Pal
In our societies , any kinds of products or services must need to apply demand and supply economic theory to analyze whether the kind of product or service may be value to invent to sell or serve to their customers in consumer market, if the kind of product or service demand number is less, then it ought not to raise manufacturing number or if the kind of product demand number is more, then it ought raise manufacturing number to have enough number in order to satisfy customers their needs to buy their products.
In my this book, I shall indicate some actual product or service social suitation to explain whether these kinds of product or service is depended on either demand or supply aspect more in behavioral economic view, such as AI ( artificial intelligence) or robot products whether their different kinds, such as cleaning robot, customer service robot, warehouse robot, even non-manual driving vehicle etc. products their demand will have how much demand in robot sale market as well as whether their supply will need to manufacture how much number in order to avoid sale prices are needed to be reduce. Can robots influence traditional tourism market change to space tourism market development ?
John Lok
Background and Education
John Lok is known for his contributions to the field of behavioral economics. He has a background that includes education from Commonwealth Open University, which is recognized for its emphasis on distance learning and flexible study options. The university caters to a diverse student body, providing various programs that allow individuals to pursue higher education while balancing other commitments.
Writing Experience
Lok’s writing experience encompasses a range of topics within behavioral economics, where he explores how psychological factors influence economic decision-making. His work often integrates insights from psychology with traditional economic theories, aiming to provide a more comprehensive understanding of human behavior in economic contexts. This interdisciplinary approach allows him to address complex issues such as consumer behavior, market dynamics, and policy implications.
In his writings, Lok typically emphasizes the importance of understanding cognitive biases and emotional influences on decision-making processes. By analyzing these elements, he contributes to the broader discourse on how behavioral insights can inform better economic policies and practices.
Contributions to Behavioral Economics
John Lok’s contributions include articles, research papers, and possibly books that delve into various aspects of behavioral economics. His work may cover topics such as:
1. Cognitive Biases: Exploring how biases like overconfidence or loss aversion affect individual and collective economic decisions.
2. Market Behavior: Analyzing how psychological factors shape market trends and consumer choices.
3. Policy Recommendations: Suggesting ways in which policymakers can utilize behavioral insights to design more effective interventions aimed at improving economic outcomes.
Through his academic pursuits and writing endeavors, John Lok aims to bridge the gap between theoretical economics and practical applications influenced by human behavior.
