shadow prices

listen to the pronunciation of shadow prices
English - Turkish
gölge fiyatlar
shadow price
(Ticaret) gölge fiyatı
English - English

Definition of shadow prices in English English dictionary

shadow price
for a constraint, the amount that the value of the objective function would change if the RHS value of the constraint was changed by one unit
shadow price
the true social value of a resource
shadow price
An economic term to denote the rate at which the optimal value changes with respect to a change in some right-hand side that represents a resource supply or demand requirement (This is sometimes taken as synonymous with the dual price, but this can be erroneous, as in the presence of degeneracy -- see marginal price ) Also see pricing
shadow price
Price that would prevail after relaxing a transmission constraint
shadow price
A "price" used in economic analysis to represent a cost or benefit from a good when the market price is a poor indicator of economic value or there is no market at all for that good
shadow prices

    Hyphenation

    shad·ow prices

    Turkish pronunciation

    şädō praysız

    Pronunciation

    /ˈsʜaˌdō ˈprīsəz/ /ˈʃæˌdoʊ ˈpraɪsəz/
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