Emotional Economy - definition, new value-creation trends

EMOTIONAL ECONOMY
80/20 Principle of the Emotional Economy
Around 80% of our decisions - including the most important life choices - are made by emotions, desires, and sensations. Around 20% of our decisions are rational.

Emotional economy refers to the concept of using emotions as a currency in interactions, particularly in the context of how people can influence each other's feelings and experiences. This can include the emotional exchanges that occur in social interactions, as well as the development of emotionally intelligent technologies that enhance human-machine interaction.

Emforgaphics
Emotional Marketing
"... I'll never forget how you made me feel."

"Emotional Economics unveils a world where the heart and mind collaboratively steer the ship of consumer choices. It's a realm where stories sway decisions, feelings fuel finances, and where understanding emotions isn't just empathetic—it's economically essential."

"The emotional economy refers to an ecosystem that encompasses emotionally intelligent devices and software, significantly altering human-machine interactions. This concept also connects to broader research interests in how emotions and affects play a role in various economic and social interactions."

AI-impacted shift to Emotional Economy
AI is significantly impacting various aspects of society, including enhancing productivity, improving healthcare, and influencing economic, legal, political, and regulatory frameworks. Its transformative nature is expected to bring about both positive changes and complex challenges that need to be addressed.

"The book argues that AI is rapidly assuming a larger share of thinking tasks, leaving human intelligence to focus on feeling. The result is the “Feeling Economy,” in which both employees and consumers emphasize feeling to an unprecedented extent, with thinking tasks largely delegated to AI."

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Travel
Moving Beyond Experiences
The ExperienceEconomy has shaped how we think about travel and services - emphasizing doing, discovering, and participating. It’s been about creating memories, from exploring hidden gems to culinary discoveries 👩🏻‍🍳

But the Emotional Economy takes it a step further. Instead of focusing only on the activity, it’s about connections, feelings, and moments that resonate deeply. Think of experiences like watching an eclipse with strangers who suddenly feel like lifelong friends, contributing to a local community, and leaving with more than just memories - a sense of belonging

Improving user experience is important to most companies, designers, and creators when creating and refining products because negative user experience can diminish use of the product and, therefore, profitability. User experience is subjective. However, the attributes that make up the user experience is objective.

 
Harmonious Economy is a model of economic development that emphasizes harmonious growth, positivity, sustainability, harmony innovation, social equity, creative collaboration, balanced systems, and adherence to universal laws. It is a tool of Harmonious Development that delights, inspires, improves wellbeing and quality of life, nourishes peace, joy and creative collaboration. As an instrument to bring about benefit and harmony to all humankind and our Planet, Harmonious Economy is a highersight-based holistic approach to strategic development that nourishes a higher world and stays in harmony with the Universal Laws.

Positive Economy is economic activity that directly and tangibly contributes to improving society. Positive Economy prioritizes environmental health and human well-being. It emphasizes job creation in nature recovery and promotes the adoption of sustainable practices across various industries. It calls to reassess economic policies to support ecological recovery and sustainability, aiming to transform how economies operate fundamentally.

Circular Economy is an economic model which aims to produce goods and services in a sustainable way, by reducing the consumption of virgin materials as well as waste generation.

Inspirational Economy is a framework where creativity and innovation drive economic practices, heavily influenced by principles such as psychodynamics and cognitive approaches.

Experience Economy and Emotional Economy are decision-making and marketing terms that are closely related to the terms “Experiential Marketing” and “Emotional Marketing”. In the experience economy, businesses focus on creating positive, outstanding, and memorable experiences for prospects and customers.

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Harmonious Economy
Harmonious Economy is a model of economic development that emphasizes harmonious growth, positivity, sustainability, harmony innovation, social equity, creative collaboration, balanced systems, and adherence to universal laws. It is a tool of Harmonious Development that delights, inspires, improves wellbeing and quality of life, nourishes peace, joy and creative collaboration.

Specific Attributes of a Harmonious Economy

As an instrument to bring about benefit and harmony to all humankind and our Planet, Harmonious Economy is a highersight-based holistic approach to strategic development that nourishes a higher world and stays in harmony with the Universal Laws.

Harmonious Economy is driven by harmony mega-innovators, holistic leaders, and the global community of loving creators. All-inclusive love and global empathy are their specific character traits. Harmonious innovation and harmonious business designs are their strategic tools.

Harmonious Economy is often contrasted with traditional capitalist frameworks. It is focused on the well-being of individuals and communities while fostering a cooperative approach to economic activities.

Harmonious Economy is a response to contemporary challenges facing humanity and the planet, incorporating global unity, harmonious mega-innovation, new energies, and better evaluations of economic success. Adherence to universal laws refers to the commitment to principles or rules that are considered universally valid and applicable to all entities.

*** HARMONOLOGY ***

Harmonology is the practical science that examines and explains how to create harmonious entities – systems, relationships, innovations, synergies, business models, economies.

Practical science involves applying theoretical knowledge through hands-on activities to develop skills and foster creativity. It's recommended that students engage in practical activities in a significant portion of their science lessons, which can range in duration and type. These activities include applying knowledge in new contexts, lab safety, and monitoring reactions. Engaging in these activities allows for a deeper understanding of scientific concepts.


AI:
Harmonology refers to different concepts. One perspective, often linked to non-traditional biblical interpretations, views the Bible as a contract. Another, drawing parallels to astrology, explores the relationships between musical intervals to understand human nature.

Book
Harmonology: An Insider's Guide to Healthy Relationships Through Music

A groundbreaking, practical and unique insight for transforming troubled relationships into positive ones.

Whether you're single and searching for your "soul-mate," or want to heal the relationships you feel are melting down, the groundbreaking ideas in this book--and the shining stories of real people expressing their various interval relationships--will instantly open you to a whole new world of possibilities. Because Harmonology is more than just a book. It's an invigorating and healing transformation.

HERE IS A PREVIEW OF WHAT YOU’LL DISCOVER…

What Constitutes An Interval Relationship
How To Instantly Build Harmony Into Your Family Relationships
How Vibrational Energy Creates The Challenges And Successes Of Your Relationships
Which Intervals Are Best For Hot Sensual Romance
How You Can Understand And Heal Toxic Family Trauma
How To Find The Right Person For Your Fulfillment
How To Understand Family, Friends and Workplace Associates
This book will be one of the most unusual you'll ever have the pleasure of both interacting with and reading. You'll view your highly charged personal energy in a whole new way--as you learn to see your loved ones, friends and acquaintances interactively vibrate with you. This book is the key to unlocking the door of your own music signature as it is embedded in your soul. Mary Holden – Author, Editor

Stephen O'Connor has his finger on something moving and profound. Geoffrey T. Williams - Author

Stephen John O'Connor's non-fiction work, Harmonology: An Insider's Guide to Healthy Relationships Through Music, presents an intriguing, music-based approach to understanding the dynamics of relationships. Jack Magnus – Reader’s Favorite

Relationships are life’s harmonies and we are the musical notes. Harmonology––An Insider’s Guide to Healthy Relationships Through Music does an exquisite job of showing you exactly how these notes blend together to make up the symphony of your life. (It) will give you valuable insights into your current relationships, your life experiences and yourself. Dr. Nick Campos – Author of Seeking the Self Through Meditation