| | 3 | Shadow price or non-market price represents the value of a resource in the ecosystem, e.g., for non-exploitative uses. Values should be expressed in monetary units per unit biomass. At present it is assumed that there is a linear relationship between the biomass of a resource and its non-market price (if there is any). Hence, for groups with a non-market price it is assumed that a doubling in biomass will lead to a doubling of the resource’s non-market value. See also [wiki:EwEugOffVesselPrice Off-vessel price]. |
