Regulatory Institutions and Regulatory Policy for Economics in Transition MARTIN CAVE AND JON STERN, Comments by SIR BRYAN CARSBERG Local Competition in UK Telecommunications MARK ARMSTRONG, Comments by M.E.BEESLEY Progress in Gas Competition GEORGE YARROW, Comments by EILEEN MARSHALL Regulatory Asset Value and the Cost of Capital GEOFFREY WHITTINGHAM, Comments by IAN BYATT Pool Reform and Competition in Electricity DAVID NEWBERY, Comments by STEPHEN LITTLECHILD, Additional Comments by GEOFFREY HORTON When is Discrimination Undue? JOHN VICKERS, Comments by JOHN BRIDGEMAN MMC and Decisions on RPI-x MARTIN HOWE, Comments by COLIN ROBINSON What Next in UK Railways? JOHN WELSBY, Comments by CHRIS BOLT
