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 ...

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 ...

The depth of explanation about novel products influences consumer preferences and willingness to pay, according to a study led by the University of Colorado Boulder and Brown University. When it comes ...

Background Following suggestions that developers should be allowed to capture a defined share of the total value generated by their technologies, the amount of surplus accruing to the pharmaceutical ...