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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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
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author Wiktor Ejsmont
Marek Biernacki
author_facet Wiktor Ejsmont
Marek Biernacki
author_sort Wiktor Ejsmont
collection DOAJ
description 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.
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spelling doaj.art-8b9fdb7cc2be4556ad2f20064542f4592023-11-22T12:56:41ZengMDPI AGEntropy1099-43002021-08-01239110910.3390/e23091109Application of the Free Tangent Law in Quantification of Household Satisfaction from Durable Consumer GoodsWiktor Ejsmont0Marek Biernacki1Mathematical Institute, University of Wroclaw, pl. Grunwaldzki 2/4, 50-384 Wroclaw, PolandDepartment of Mathematics and Cybernetics, Wroclaw University of Economics and Business, Komandorskast. 118/120, 53-345 Wrocław, PolandThis 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.https://www.mdpi.com/1099-4300/23/9/1109the free tangent lawsubjective wellbeingdurable goods
spellingShingle Wiktor Ejsmont
Marek Biernacki
Application of the Free Tangent Law in Quantification of Household Satisfaction from Durable Consumer Goods
Entropy
the free tangent law
subjective wellbeing
durable goods
title Application of the Free Tangent Law in Quantification of Household Satisfaction from Durable Consumer Goods
title_full Application of the Free Tangent Law in Quantification of Household Satisfaction from Durable Consumer Goods
title_fullStr Application of the Free Tangent Law in Quantification of Household Satisfaction from Durable Consumer Goods
title_full_unstemmed Application of the Free Tangent Law in Quantification of Household Satisfaction from Durable Consumer Goods
title_short Application of the Free Tangent Law in Quantification of Household Satisfaction from Durable Consumer Goods
title_sort application of the free tangent law in quantification of household satisfaction from durable consumer goods
topic the free tangent law
subjective wellbeing
durable goods
url https://www.mdpi.com/1099-4300/23/9/1109
work_keys_str_mv AT wiktorejsmont applicationofthefreetangentlawinquantificationofhouseholdsatisfactionfromdurableconsumergoods
AT marekbiernacki applicationofthefreetangentlawinquantificationofhouseholdsatisfactionfromdurableconsumergoods