shadow price
Word Rarity
Uncommon
Frequency: Zipf frequency 4.37 in modern English
22
Scrabble Score
11
Letters
2
Syllables
11
Unique Chars
Meaning
Example Sentences
- "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."
- "We focus on indirect methods such as using individual choice between life-threatening versus safe jobs to infer something about the shadow price of life or using land rent differentials to infer the shadow price of air pollution."
- "Thus, the social cost and the shadow price of paddy is much higher than what is paid to the farmers."
- "Mike Young has been studying the shadow price of water, the amount that would be paid under normal market conditions."