She has 15+ years of experience as a financial writer and technical analyst. Consumer surplus is the extra value consumers receive when they buy a product for less than what they were willing to pay, ...

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 ...