Social Sciences
8 years ago

New study reveals how shadow prices can optimize resource allocation efficiently.

Guanli xuebao
The Features and Computation of Shadow Prices
Peng Kai

Paper Summary

Shadow prices have various features like functionality, optimality, certainty, availability, and directivity. These features distinguish dual vectors from shadow prices. Additionally, solutions to shadow prices in linear programming are briefly introduced.

Related papers

Theme background image
Engineering
8 years ago

New method simplifies judgment of shadow prices in linear programming.

Control Systems
Elevator Control
Class Membership
Business, Management and Accounting
8 years ago

New shadow price concept revolutionizes management decision-making in integer programming!

Supply Chain Coordination
Monetary Models
Robust Optimization
Decision Sciences
8 years ago

New definition and algorithms for shadow prices in linear programming.

Mechanism Design
Supply Chain Coordination
Option Pricing