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 ...

Paul Solman: Today’s Paul Samuelson excerpt explains the concept of “consumer surplus.” See the other transcripts we posted this week on the basics of economics here and here.) To Samuelson, it was ...

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 ...

THIS week's Free exchange column explores how much value the Internet creates that is not captured in GDP. Typically economists determine such non-monetary benefits by trying to calculate "consumer ...

In a novel test of the benefit a company can generate for consumers, a new study estimates just how much consumers are gaining from the technology company Uber, helping to explain the service’s ...