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Introduction
Leo M. Romero

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Application of National Association of Regulatory Utility Commissioners Principles to Guide the Restructuring of the Electric Industry to Issues of Bypass
Wayne Shirley

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Economics of Negative Barriers to Entry: How to Recovery Stranded Costs and Achieve Competition on Equal Terms in the Electric Utility Industry
William B. Tye and Frank C. Graves

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Bypass as an Option for Health: Medicine v. Business
Larry Bruneel

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Transmission Access Pricing and Non-bypassable Competitive Transition Charges
Michael J. Doane and Paul W. Macavoy

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Competition and Stranded Costs Re-Visited
Alfred E. Kahn

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Municipalization of Electricity: The Allure of Lower Rates for Bright Lights in Big Cities
Suedeen G. Kelly

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On Stranded Cost Recovery in the Deregulation of the U.S. Electric Power Industry
Michael T. Maloney, Robert E. McCormick, and Raymond D. Sauer

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FERC Open Access Transmission Rule and Utility Bypass Cases
Cynthia A. Marlette

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Overview of Electric Industry Bypass Issues
Jon R. Leboeuf Mostel

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Traditional Municipalization and Duplication of Facilities Cases: Background, Facts, and Status
Alan I. Robbins and Stacy D. Gould

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Books Received
Natural Resources Journal