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Meaning of "shadow price" in the English dictionary

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DICTIONARY
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PRONUNCIATION OF SHADOW PRICE

shadow price play
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GRAMMATICAL CATEGORY OF SHADOW PRICE

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation
Shadow price is a noun.
A noun is a type of word the meaning of which determines reality. Nouns provide the names for all things: people, objects, sensations, feelings, etc.

WHAT DOES SHADOW PRICE MEAN IN ENGLISH?

Shadow price

The term shadow prices is used formally in economics to name the price paid for an increment of additional production. For example consider a firm that already has a widget factory full of equipment and talented staff. They might estimate the shadow price for a few more widgets as simply the cost of the overtime to pay the staff to stay and create them. Most day to day production decisions are made at the margin like that. Some kinds of goods have near zero shadow prices, for example information goods. The term has come to be used more less formally to discuss the cost of decisions made at the margin without consideration of the total cost. For example consider a trip in your car. You might estimate the shadow price of that trip by including the cost of gas; but you unlikely to include the wear on the tires or the cost of the money you might have borrowed to purchase the car. It is probably not too serious an exaggeration to say most decisions are made using shadow prices.

Definition of shadow price in the English dictionary

The definition of shadow price in the dictionary is the calculated price of a good or service for which no market price exists.

WORDS THAT BEGIN LIKE SHADOW PRICE

shadow
shadow bands
shadow cabinet
shadow Foreign Secretary
shadow history
shadow mask
shadow minister
shadow play
shadow test
shadow-box
shadow-boxing
shadowcast
shadower
shadowgraph
shadowgraphy
shadowily
shadowiness
shadowless
shadowlike
shadowy

WORDS THAT END LIKE SHADOW PRICE

asking price
at a price
at any price
bid price
caprice
fixed-price
guide price
half-price
list price
market price
price
purchase price
reserve price
retail price
rice
sale price
selling price
share price
target price
trade-in price
unit price

Synonyms and antonyms of shadow price in the English dictionary of synonyms

SYNONYMS

Translation of «shadow price» into 25 languages

TRANSLATOR
online translator

TRANSLATION OF SHADOW PRICE

Find out the translation of shadow price to 25 languages with our English multilingual translator.
The translations of shadow price from English to other languages presented in this section have been obtained through automatic statistical translation; where the essential translation unit is the word «shadow price» in English.

Translator English - Chinese

影子价格
1,325 millions of speakers

Translator English - Spanish

precio sombra
570 millions of speakers

English

shadow price
510 millions of speakers

Translator English - Hindi

छाया कीमत
380 millions of speakers
ar

Translator English - Arabic

سعر الظل
280 millions of speakers

Translator English - Russian

теневая цена
278 millions of speakers

Translator English - Portuguese

preço-sombra
270 millions of speakers

Translator English - Bengali

ছায়া দাম
260 millions of speakers

Translator English - French

Prix ​​de l´ombre
220 millions of speakers

Translator English - Malay

Harga bayangan
190 millions of speakers

Translator English - German

Schattenpreis
180 millions of speakers

Translator English - Japanese

潜在価格
130 millions of speakers

Translator English - Korean

그림자 가격
85 millions of speakers

Translator English - Javanese

Shadow price
85 millions of speakers
vi

Translator English - Vietnamese

giá bóng
80 millions of speakers

Translator English - Tamil

நிழல் விலை
75 millions of speakers

Translator English - Marathi

सावली किंमत
75 millions of speakers

Translator English - Turkish

gölge fiyatı
70 millions of speakers

Translator English - Italian

prezzo ombra
65 millions of speakers

Translator English - Polish

cena cień
50 millions of speakers

Translator English - Ukrainian

тіньова ціна
40 millions of speakers

Translator English - Romanian

preț umbră
30 millions of speakers
el

Translator English - Greek

σκιώδης τιμή
15 millions of speakers
af

Translator English - Afrikaans

skaduwee prys
14 millions of speakers
sv

Translator English - Swedish

skuggpris
10 millions of speakers
no

Translator English - Norwegian

skyggepris
5 millions of speakers

Trends of use of shadow price

TRENDS

TENDENCIES OF USE OF THE TERM «SHADOW PRICE»

The term «shadow price» is regularly used and occupies the 104.851 position in our list of most widely used terms in the English dictionary.
0
100%
FREQUENCY
Regularly used
51
/100
The map shown above gives the frequency of use of the term «shadow price» in the different countries.
Principal search tendencies and common uses of shadow price
List of principal searches undertaken by users to access our English online dictionary and most widely used expressions with the word «shadow price».

FREQUENCY OF USE OF THE TERM «SHADOW PRICE» OVER TIME

The graph expresses the annual evolution of the frequency of use of the word «shadow price» during the past 500 years. Its implementation is based on analysing how often the term «shadow price» appears in digitalised printed sources in English between the year 1500 and the present day.

Examples of use in the English literature, quotes and news about shadow price

EXAMPLES

10 ENGLISH BOOKS RELATING TO «SHADOW PRICE»

Discover the use of shadow price in the following bibliographical selection. Books relating to shadow price and brief extracts from same to provide context of its use in English literature.
1
Optimization Modelling: A Practical Approach
To understand the sensitivity report, let us define shadow price and reduced cost. 11.2.1 Shadow Price The shadow price for a constraint indicates the amount by which the objective function value changes given a unit increase in the RHS ...
Ruhul Amin Sarker, Charles S. Newton, 2007
2
The shadow price of capital in China
This paper derives an estimate of the shadow price of capital in China based on estimations of marginal productivity of capital, the marginal propensity to save and the consumption rate of interest.
Shujuan Lin, 1991
3
The Shadow Price of a Tax Inspector
note thai this shadow price does not reflect the social return, although its reciprocal multiplied by the wage rate of an inspector reflects the social marginal administrative cost per dollar of tax revenue. The extension of this model to include ...
4
Geography of Transportation
Similarly, a shipment has been made from St. Louis to Dallas at a unit rate of $4.00, so the shadow price at Dallas is $4.00. Flows occur from Denver to Dallas, and since the transportation cost is $3.00 per unit, then the shadow price at Denver ...
Edward James Taaffe, 1996
5
Management Decision Making: Spreadsheet Modeling, Analysis, ...
Again, we see that having one additional hour of labor generates $7 dollars in additional optimal profit. The rate at which optimal profits change per unit increase in the right- hand side of a constraint is called the shadow price of that constraint.
George E. Monahan, 2000
6
Global Price Fixing: Our Customers are the Enemy
The Shadow Price of Lysine The conspirators were well aware of the fact that the availability of natural lysine in oilseed meals and fish meal provided a constraint on lysine pricing. Moreover, corn or other rough feed grains needed to be mixed  ...
John M. Connor, 2001
7
Economics of the Environment: Theory and Policy
For an initial situation S′(0) and a policy of an increasing shadow price (path 3), a change in the discount rate can cause a reversal in policy. Now, instead of an increasing shadow price, a policy of a decreasing shadow price (path 2) has to ...
Horst Siebert, 2008
8
Applied Cost-benefit Analysis, Second Edition:
commodity tax must be set equal to the difference between the market price and its shadow price: T=P–S (4.2) This relation explains why much of the literature concerned with shadow prices for mixed economies also deals with optimal ...
Robert J. Brent, 2007
9
Economic Analysis of Projects
their marginal cost (supply price). The shadow price of such goods may be the demand price, the supply price, or somewhere in between — depending on whether project inputs or outputs affect the supply to other users, the supply from other ...
Lyn Squire, Herman G. van der Tak, World Bank, 1975
10
Handbook of Health Economics
We begin by imposing a shadow price of q to ration both types of services. At this initial shadow price the managed care plan would provide g dollars in general medical care spending and in dollars of mental health care for an individual with  ...
Anthony J. Culyer, Joseph P. Newhouse, 2000

8 NEWS ITEMS WHICH INCLUDE THE TERM «SHADOW PRICE»

Find out what the national and international press are talking about and how the term shadow price is used in the context of the following news items.
1
Why the federal government should shadow price carbon
A growing number of companies are putting a shadow price on carbon to reduce their carbon footprint cost effectively. Shadow pricing is method of investment or ... «Brookings Institution, Jul 15»
2
Natural gas stands to get a boost from carbon tax
The European companies have already put their own 'shadow price' on emissions: they evaluate the profitability of proposed oil and gas projects by assuming ... «Nature.com, Jun 15»
3
The cities where housing is more expensive than you would expect
The price of a house or apartment, the authors argued, is more than just the value of the land plus the value of the building. There's a third, shadow price, which ... «Washington Post, Aug 14»
4
Why Business Leaders Support a Price on Carbon
Several have started to use an internal “shadow price” on carbon dioxide emissions, a driver of climate change, to help guide their investment decisions and ... «World Bank Group, Aug 14»
5
What the $1 Money-Fund Price for Individuals Means—and What It …
But the rules on that steady pricing for individual money-fund holders aren't as ... in a study published in 2011, said the average “shadow price,” or underlying ... «Wall Street Journal, Jul 14»
6
State of Green Business: Shadow pricing steps into the limelight
A shadow price is, simply put, the estimated price of a good or service for which no market price exists, or where the market price doesn't reflect the full ... «GreenBiz.com, Feb 14»
7
'Shadow' carbon prices could make the real thing easier to swallow
Some might argue that if firms are building these shadow prices into their investment decisions, there is no need for governments to actually do anything. This is ... «The Globe and Mail, Feb 14»
8
The Benefits of Carbon Shadow Pricing
Placing a shadow price on carbon can help a company cut costs, while dramatically reducing its risk and exposure to rising energy prices and a price being put ... «Huffington Post Canada, Oct 12»

REFERENCE
« EDUCALINGO. Shadow price [online]. Available <https://educalingo.com/en/dic-en/shadow-price>. Apr 2024 ».
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