Journal of Japan Academy of Consumer Education
Online ISSN : 2436-0929
Print ISSN : 1345-1855
On Estimating Exponential Generating Function Model of Consumer-Attitude
Tokumaru KIMURA
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1987 Volume 07 Pages 161-186

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Abstract
In this paper, we will present information estimating the ex- ponential generating function on consumer-attitude and behaviour (i.e., consumer-attitude function) that take explicit account of the price-oriented principle. We will also show how the restrictions of consumer-attitude function enable us to identify the model dependent on the presence of an unobservable variables that can be interpreted as revisions to the marginal utility of discounted expenditure. Those restrictions allow us to take explicit account of the psychologically different effect of various phases in market prices behaviours. In addition, an important check Out model shown in this paper is derivative for expenditure elasticities, when the consumer-attitude function has expenditure. We also find that we can project the principle that revisions to the marginal utility of discounted money are orthogonal to the past value of our corn- modity variables. Then, based on the above-mentioned estimation and projection, we are able to build consumer-attitude function models on the basis of some research data on the actual condi- tions. Accordingly, we recognize that estimates determined by those function models could be feasible and useful as the simulators of information in consumer education theories.
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© 1987 Japan Academy of Consumer Education
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