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Choosing durable goods for household production: economic efficiency of household durables
Author(s) -
CHUNG YOUNG SOOK,
MAGRABI FRANCES M.
Publication year - 1994
Publication title -
journal of consumer studies and home economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.775
H-Index - 71
eISSN - 1470-6431
pISSN - 0309-3891
DOI - 10.1111/j.1470-6431.1994.tb00680.x
Subject(s) - durable good , production (economics) , work (physics) , economics , survey data collection , agricultural economics , econometrics , business , microeconomics , statistics , mathematics , engineering , mechanical engineering
A model of use‐utility of household durables was developed and estimated using survey data. The survey was conducted to identify attributes relating to the efficiency of kitchen work centres. Indexes for the most important attributes were developed and used to compare different selections of equipment. The impact of adding an equipment item was found to vary with the characteristics of the item, the degree of importance ascribed to attributes of the work center and specific functions performed there