Edit in JSFiddle

function ViewModel() {
    var self = this;
    
    self.firstName = ko.observable("");
    self.lastName = ko.observable("");
    
    self.fullName = ko.observable("");
    self.fullNamePure = ko.observable("");
    
    self.tempFullName = ko.computed(function () {
        var value = self.firstName() + " " + self.lastName();
        
        self.fullName(value);
        
        return value;
    });
    self.tempFullNamePure = ko.pureComputed(function () {
        var value = self.firstName() + " " + self.lastName();
        
        self.fullNamePure(value);
        
        return value;
    });
};

ko.applyBindings(new ViewModel());
<input type="text" data-bind="textInput: firstName" />
<input type="text" data-bind="textInput: lastName" />
<hr />
ko.computed : <span data-bind="text: fullName"></span>
<br />
ko.pureComputed : <span data-bind="text: fullNamePure"></span>