DiscoverThe Indicator from Planet MoneyHedonic adjustment: how to measure pleasure
Hedonic adjustment: how to measure pleasure

Hedonic adjustment: how to measure pleasure

Update: 2022-11-112
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We all need a little hedonism in our lives sometimes. A spa day, a good meal ... and modeling to account for quality change? Today, how economists model pleasure – and what it means for inflation data.

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Hedonic adjustment: how to measure pleasure

Hedonic adjustment: how to measure pleasure

NPR