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 ...

There is an enormous amount of literature in which the concept and application of consumer's surplus (C.S.) are discussed. It is the aim of this paper to attempt to clarify the concept by discussing a ...

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 ...