shadow price


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shadow price

n
(Economics) economics the calculated price of a good or service for which no market price exists
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References in periodicals archive ?
Furthermore, environmental pollution cost as an external cost was evaluated according to material balance method (Yang et al., 2012; Lin et al., 2016) and shadow price method (Coggin and Swinton, 1996; Wu et al., 2014; Xiao et al., 2014).
This is within the theoretical framework of Inclusive Wealth and the Inclusive Wealth Index, and corresponds to a shadow price.
After all, most BRI countries lack carbon-related obligations or incentives, including carbon-pricing systems that would show investors the shadow price of carbon-intensive assets.
In this case, the shadow price (Eq.) in the first limiter in region i is equal to the demand price is positive, if the Qdi is positive and the second shadow price (Isi) is equal to the demand price if the Qsi is positive.
The shadow price for the constraint (5) shows the reduction in emission control costs in each period t that would occur if the market manager were to add one more EDP to the total number of permits [[??].sup.t] on the market for each time period.
On the contrary, beyond weakening relations with America's closest allies, Trump's tactics have increased tensions with Russia, thereby increasing what economists call the "shadow price" of national security.
Additionally, the shadow price of money should equal the shadow price of the liquidity constraints in all trades, for both in-partnership and newly matched agents, at the optimum.
fastfacts MODEL: Ford Mustang 5.0 V8 GT Shadow PRICE: PS39,895 MECHANICAL: 415bhp, 4,998cc, 8cyl petrol engine driving rear wheels via 6-speed manual gearbox MAX SPEED: 155mph 0-62MPH: 4.8 seconds COMBINED MPG: 20.9 INSURANCE GROUP: 50 CO2 EMISSIONS: 299g/km BIK RATING: 37% WARRANTY: 3yrs/60,000 miles
Fast Facts Ford Mustang 5.0 V8 GT Shadow Price: PS39,895 Mechanical: 415bhp, 4,998cc, 8cyl petrol engine driving rear wheels via 6-speed manual gearbox Max speed: 155mph 0-62mph: 4.8 seconds Combined mpg: 20.9 Insurance group: 50 CO2 emissions: 299g/km BIK rating: 37% Warranty: 3yrs/60,000 miles
Sui gas had a high shadow price, but it was sold to consumers in other provinces especially fertiliser producers in Punjab at a lower rate.
Step 1 Initialize, create a feasible shuttle tank sailing path [p.sub.0] during one observation period, and create a set P = {[p.sub.0]}; Step 2 Based on the P obtained in Step 1, solve the main model of the column generation algorithm and obtain the shadow price of each constraint in the main model.
Thirdly, the use of domestic instead of foreign currency as the numeraire, provided that the "currency" is accounting rupees and not market rupees, does not mean that domestic market-price relationships are used; the shadow price relationships must be determined in either event.