IDEAS home Printed from
   My bibliography  Save this book chapter

Public Utility Pricing and Capacity Choice with Stochastic Demand

In: Social Ethics and Normative Economics


  • Laurent David

    (GDF Suez, Direction de la Stratégie et du Développement Durable)

  • Michel Breton

    (GREMAQ, and IDEI, Manufacture des tabacs, Aile JJ Laffont)

  • Olivier Merillon

    (GDF Suez E&P, Département Acquisitions)


This article is a companion piece to David et al. (2011). In that article, we explored Serge Kolm’s contributions to theoretical public economics from an historical perspective, covering a rather general range of topics and specifications. Here, in contrast, we concentrate on the implications for pricing and capacity choice of a specific aspect of the economic environment often encountered by public sector managers and regulators: the uncertainty attached to the demand for the good(s) and service(s) produced by a public utility. Following an early article by Boiteux (see Boiteux 1951), Kolm (1970, 1971) has made important contributions to this issue.

Suggested Citation

  • Laurent David & Michel Breton & Olivier Merillon, 2011. "Public Utility Pricing and Capacity Choice with Stochastic Demand," Studies in Choice and Welfare, in: Marc Fleurbaey & Maurice Salles & John A. Weymark (ed.), Social Ethics and Normative Economics, pages 57-99, Springer.
  • Handle: RePEc:spr:stcchp:978-3-642-17807-8_3
    DOI: 10.1007/978-3-642-17807-8_3

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:stcchp:978-3-642-17807-8_3. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.