shadow price

Noun

 * 1)  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.
 * 2) * 2007 Feb. 7, "Experts call for water pricing scheme" (transcript), Australian Broadcasting Corporation (retrieved 26 Jan 2012) :
 * Mike Young has been studying the shadow price of water, the amount that would be paid under normal market conditions.
 * 1) * 2007 Feb. 7, "Experts call for water pricing scheme" (transcript), Australian Broadcasting Corporation (retrieved 26 Jan 2012) :
 * Mike Young has been studying the shadow price of water, the amount that would be paid under normal market conditions.
 * Mike Young has been studying the shadow price of water, the amount that would be paid under normal market conditions.

Hyponyms

 * shadow real wage

Translations

 * German: Schattenpreis

Verb

 * 1)  To calculate a shadow price for.