Economics, Econometrics and Finance
8 years ago

Unlocking the Power of Shadow Prices for Strategic Management Decisions

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Systems Engineering - Theory & Practice
The Shadow Prices and the Management Decision
Hui Li

Paper Summary

The article discusses the concept of shadow prices and how they are used in management decisions. It explains the differences between two measures of shadow prices and how they are applied in management. The paper also explores how shadow prices change in response to various factors and how this affects decision-making in management.

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