shadow prices
shadow prices is the plural of shadow price.
Meaning of shadow price
Noun
shadow price (plural shadow prices)
- A price for a resource, good, or service which is not based on actual market exchanges, but is mathematically derived from indirect data obtained from related markets.
- Friedman (1969) argued that a positive shadow price of money balances would violate the Pareto-efficiency condition that the shadow price of anything should equal its marginal cost.1982, Frank Hahn, Monetary and Inflation, Oxford: Basil Blackwell, page 1
Questions about shadow prices
- What is shadow prices the plural of?
- Shadow prices is the plural of shadow price.
Words near shadow prices in the dictionary
Source and license
Adapted from Wiktionary: shadow prices (page history and authors); shadow price (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.
Last updated:
Cite this entry: “shadow prices.” Word.ws, https://word.ws/shadow_prices. Based on Wiktionary, CC BY-SA 4.0.
