Shadow price

Another term for opportunity costs, i.e. lost revenue due to the fact that existing opportunities to generate profit are not exploited at all or not in compliance with the economic principle (not regarding the most effective allocation of scarce resources), as in client capitalism. – The possible realistic calculation of a value for a good that is not introduced into the market (the assignment of value to a non-marketed product).

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
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