Regulation Under Increasing Competition brings together practitioners, regulators, and economists to examine the important policy and regulatory issues facing the telecommunications and electricity industries. It provides a unique perspective on problems in a newly deregulated environment.

1 Regulatory Governance and Competitive Entry.- 2 Monopoly Leveraging, Path Dependency, and the Case for a Local Competition Threshold for RBOC Entry into InterLATA Toll.- 3 Lowering Prices with Tougher Regulation: Forward-Looking Costs, Depreciation, and the Telecommunications Act of 1996.- 4 Stranded Assets in Network Industries in Transition.- 5 Comparing “Stranded Cost” Arguments in Telecommunications and Electricity.- 6 An Economic Analysis of the Stranded Cost Issue Facing Electric Utilities and Policymakers Today.- 7 Performance Measurement for Price-Cap Regulation of Telecommunications Using Evidence from a Cross-section Study of United States Local Exchange Carriers.- 8 Computable General Equilibrium Models and Electricity CO2 Emissions.- 9 Customer Response to Real-Time Prices in the England and Wales Electricity Market: Implications for Demand-Side Bidding and Pricing Options Design Under Competition.