A hidden price is an estimated price for something that is not normally priced or sold on the market.
Shadow pricing can give businesses a better understanding of the costs and benefits associated with a project.
However, shadow pricing is inaccurate because it is based on subjective assumptions and does not have reliable data to rely on.
It is often used in cost benefit accounting to value intangible assets, but can also be used to determine the true value of a money market share or by economists to price externalities.
Shadow pricing is also often used by economists to determine the cost of public infrastructure projects such as public parks and transportation.