Johnny Ch Lok

Organizational Restructuring Strategy Methods Research Johnny Ch Lok

How can organizational behavioral economic strategy predict consumer's consumption decision, in special the stable basic income consumer target group? In any consumption decisions are involving risk and uncertainty, the standard economic model usually assumes that decisions are based on final condition, regardless of the changes are caused by the results of a consumer's decision. An alterative mode of how consumers make decision and judgement under risk and uncertainty. This situation is often occurred in consumption market. In behavioral economic view point, it explains how consumer's consumption, however, which excludes the stable basic income earn factor can influence the stable basic income earn target consumer group decides to make final consumption decision to compare to the non-stable basic income earn target consumer group. The reasons include as below: (1) Consumers evaluate decisions over gains and losses with respect to some natural reference point, when they feel need to consume, which is assumed to be judgement about a sequence of outcomes are based on changes in wealth, rather than whether how much absolute basic income earn to influence whose consumption desires.(2) Thus, behavioral economic theory assumes the consumer is the low level of income group in society, but when who feels that he is still gains more than losses when who decides to buy the expensive product or consumes the expensive service. Then, the low level of income consumer who will accept to buy the expensive product or consume the service easily. Due to whose gains feeling is more than losses feeling, when who buys the product or consumes the service.(3) Behavioral economic theory also assumes the taxpayer will pay high income tax in this year. The, even the high income taxpayer can earn high basic income, but due to whom needs to pay high income tax in this year. Then, he/she will reduce much spending, even he/she reduces spending on cheap products or cheap service consumption for enjoyment. This is the taxpayer's economic decision to influence whose consumption behavior, due to the high income tax expenditure factor influences whose consumption behavior to change to be reduced spending expenditures in this year. How to apply behavioral economic strategy to predict labor market changing behavior?Instead of applying behavioral economic method to predict every consumer individual consumption effort. Behavioral economic method can be also be applied to predict every country's labor market changing behavior. Particularly, how salary clerical workers or low wage labor workers should move from one type of job to another based on these factors. They include as below: Their intrinsic motivation and how their levels of effort would change after this movement, investigates the effects of income security on social preferences in labor market changing behavior, and how cooperation in social contribution is affected when income security is guaranteed, how to predict the role of positional externalities on conspicuous consumption and how would change the incentive to influence consumption. So, it seems that general labor market job changing behaviors will not influenced by external economic environment better or worse changing factor, or salary changing factor etc. different environmental condition changing factors influence to employees' job changing. Generally, employee's job changing behavior is more influenced to persuade who changes job by himself/herself intrinsic motivation negative emotion influence mainly. How to apply motivation crowding theory to predict labor productivity? One of the main challenges of economic theory is to find what are the optimal incentives that increase productivity of labors. The standing point is usually extrinsic incentive be it is form of monetary compensations for high effort or fine for low effort.