In this article, the satisfactory consumption and labor supply elasticities of demand are
measured through a model of time allocation that includes eight time assignment equations
by using the full time use (the temporal values of the monetary expenditure plus time
spent) concept obtained by matching the Classic Family Budget survey with the Time Use
survey for Turkey. The cross-sectional data covers the period of 2003–2006 in Turkey. The
elasticity results show a clear picture of the relationship between satisfactory consumption
and working with commodity demands for Turkey. As a contribution to the literature, we
explore the reasons behind the demand for satisfactory consumption through working
decisions by measuring well-being inequality for each consumption group. In order to
increase the robustness of our result, overall well-being inequality is measured by
introducing the axiom of superposed utility of preferences. As expected, overall well-being
inequality declines to 0.26, which is 119 percentage points lower than the average rate of
well-being inequality (0.57) in Turkey