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The Measurement of Gains and Losses

Quarterly Journal of Economics 1948 62(2), 287
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.