Accounting Price
From Open Risk Manual
Revision as of 15:58, 22 May 2021 by Wiki admin (talk | contribs) (Created page with "== Definition == '''Accounting Price'''. The contribution that an additional unit of a good, service or asset makes to intergenerational well-being, other things equal. In sim...")
Definition
Accounting Price. The contribution that an additional unit of a good, service or asset makes to intergenerational well-being, other things equal. In simple terms, accounting prices reflect the true value to society of any good, service or asset. Also called Shadow Price.