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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The EDP prices are based on key shadow prices reflecting each trader's impact on the current environmental capacity at each receptor location in addition to health risk impacts.
The EBRDs approach, including the range of shadow prices it intends to use based on the high-level commission on carbon pricing, will be made available in early 2019.
The importance of calculating shadow prices is to know the real cost related domestic prices, taxes and oil export policies
In both methods the relative shadow prices of tradables and of the tradable contents of non-tradables have to be sorted out by reference to border prices.
Methods: Individual PDHs capacity utilization (CU) is measured for 2000 and 2010 using dual data envelopment analysis (DEA) approach with shadow prices input and output restrictions.
We see that the shadow prices of their gas resources are significantly greater than the oligopoly rents for all these three players, i.e., quite the contrary of what we see for Russia in Figure 6.
Let the corresponding shadow prices be [P.sub.Xt] and [P.sub.Yt].
All large oil companies expect that fossil fuels will provide most of the world's energy for decades to come, even though they use "shadow prices" for carbon dioxide emissions in their planning to reflect expectations that emissions will increasingly face constraints.
The constraints of minimum area of pumpkin and Phaseolus beans have negative shadow prices, which means that the entry of these crops into the optimal solution, forced by the constraints, leads to reduction in the net return.
The shadow prices of land owners and farm tenants are contained in Table 3.
Shadow prices represent another perspective for inefficient units in DEA.
Coverage encompasses the role of government and social welfare functions; two fundamental welfare theorems reexamined in light of limited usefulness for evaluating policies and projects; shadow prices; the social cost of goods, labor, and capital; and international evaluation practices, among other topics.