The Measurement of Gains and Losses

James N. Morgan

The Quarterly Journal of Economics, 1948, vol. 62, issue 2, 287-308

Abstract: Consumer's surplus and public policy, 287. — Defining the concepts, 288. — Measures, 290. — Choice of concept depends on purpose for which it is desired, 295. — Graphic comparison, 295. — Application to a seller, 300. — Implications for compensation payments, 303. — Application to public policy, 307.

Date: 1948
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