Exact Consumer's Surplus and Deadweight Loss.

This article evaluates the consumers' surplus and deadweight loss in welfare economics. Consumer's surplus is a widely used tool in applied welfare economics. The basic idea is to evaluate the value to a consumer for a change in price of a good. In empirical situations where a measure of either the...

Descripción completa

Detalles Bibliográficos

Publicado en:	American Economic Review Vol. 71; no. 4; pp. 662 - 677
Autor principal:	Hausman, Jerry A.
Formato:	Artículo
Publicado:	American Economic Association Sep81
Materias:	Consumers Surplus (Economics) Welfare economics Economic policy Demand function Economics Prices
Acceso en línea:	Ver este registro en EBSCOhost