Real prices and ideal prices
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Real prices and ideal prices refers to a distinction between actual prices paid for products, services, assets and labour (the money that actually changes hands), and computed prices which are not actually charged or paid in market trade, although they may facilitate trade. The difference is between actual prices paid, and information about possible, potential or likely prices, or "average" price levels.
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See also
- Character mask
- Comparative statics
- Economic calculation problem
- Exchange value
- Heterodox economics
- Price
- Reproduction (economics)
- Shadow Price
- Value-form
- Valuation (finance)
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