In economics, the consumer surplus is the satisfaction a consumer receives when purchasing a good or service. Graphically, it is depicted as the triangle-shaped area formed by the aggregate demand ...

Consumer surplus and producer surplus figures are derived from demand and supply curve analysis. The demand curve shows how many quantities of a product consumers are willing to purchase at different ...

This week'sFree exchange columndiscusses attempts to measure the consumer surplus generated by the internet (summaryhere). We are inviting experts in the field to comment on the piece and on related ...