Application of the Free Tangent Law in Quantification of Household Satisfaction from Durable Consumer Goods

This paper presents a postulate for a new approach in the measurement of households’ satisfaction from durable consumer goods, based on a modified inflation expectation measurement method used in survey research. The authors examine the application of a three-step qualitative evaluation, followed by...

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Bibliographic Details
Main Authors: Wiktor Ejsmont, Marek Biernacki
Format: Article
Language:English
Published: MDPI AG 2021-08-01
Series:Entropy
Subjects:
Online Access:https://www.mdpi.com/1099-4300/23/9/1109
Description
Summary:This paper presents a postulate for a new approach in the measurement of households’ satisfaction from durable consumer goods, based on a modified inflation expectation measurement method used in survey research. The authors examine the application of a three-step qualitative evaluation, followed by the quantification of responses using a modified Carlson and Parkin method adopted in the context of the free tangent law.
ISSN:1099-4300