Can Human Behavior Bring Economic Growth

By JOHN LOK (Author)

Language : English
Pages : 218
Paperback ISBN : 9789357333337
Currency Paperback
Us Dollar US$ 79.00

Description

Introduction Nowadays, human is experiencing high technology stage. Can human apply AI technology to help us to predict when economic growth or recession will come in this year or next year? Behavioral economics is the combination of psychology and economics that investigates what happens in markets in which some of the agents display human limitations. However, surely all of economics is meant to be about the behavior of economic agents, be their firms or consumers, suppliers or demanders, bankers. Economics traditionally conceptualizes a world populated by calculating, unemotional maximizers. If it is true, it brings these questions: Why technology bring economic growth? How technology bring economic growth? I shall attempt to indicate cases to answer these two questions to let readers make judgement. Behavioral economics is the combination of psychology and economics that investigates what happens in markets in which some of the agents display human limitations. However, surely all of economics is meant to be about the behavior of economic agents, be their firms or consumers, suppliers or demanders, bankers. Economics traditionally conceptualizes a world populated by calculating, unemotional maximizers. Hence, their minds bring this question: Can human behavior influence social economic growth or recession? I shall attempt to apply human psychology and economic theory to explain this question to let readers can understand.


About Contributor

JOHN LOK

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.


Genre

Business & Economics : Consumer Behavior - General

Biography & Autobiography : Business

Business & Economics : Development - Sustainable Development