"social surplus" is correct and usable in written English.
You can use it to refer to the excess of production or resources over what is needed or consumed, such as in the following example: "The social surplus generated by the increase in production has been used to fund a number of social programs in the area."
Consumer surplus, also called social surplus and consumer's surplus, in economics, the difference between the price a consumer pays for an item and the price he would be willing to pay rather than do without it.
Camden R. Fine, head of the Independent Community Bankers of America, puts it well in a recent blog post: The bottom line is that these huge financial firms have grown so large and become so interconnected in our economy that they are demonstrating classic signs of monopoly power: collusive and anticompetitive behavior that pushes prices up and reduces the social surplus provided by free markets.
From a social surplus perspective, our results have shown that the social surplus under incomplete information is close to the maximum social surplus under complete information.
In the equilibrium mechanism, the informed principal appropriates all expected social surplus, with each type of her getting all expected social surplus conditional on that type.
Renegotiation entails a redistribution of social surplus, while reorganization takes the form of enhanced creditor monitoring.
Our simulation results indicate that the developed protocol obtains a social surplus close to Pareto efficient.
Any higher fee with t ^ > 0 and s ≤ 0 results in a lower social surplus.
Figure 7 Expected social surplus in the optimal contracts under complete information and incomplete information.
Figure 6 shows the social surplus and the revenues of the relay in the optimal contracts.
Figure 6 The social surplus and the revenues of the relay in the optimal contracts.
The optimal mechanism ranks agents based on their marginal contribution to social surplus and distributes objects to higher-ranked agents.
