COMPETITIVE CHANGE NETWORK INDUSTRIES

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REVSED 3/27/01 dvanced Workshop in Regulation and Competition 2000-2001 COMPETTVE CHNGE NETWORK NDUSTRES November 17, 2000 UCTONS N NETWORK NDUSTRES January 19, 2001 NCENTVE REGULTON: MKNG T WORK

1 REVSED 3/27/01 dvanced Workshop in Regulation and Competition COMPETTVE CHNGE NETWORK NDUSTRES November 17, 2000 UCTONS N NETWORK NDUSTRES January 19, 2001 NCENTVE REGULTON: MKNG T WORK pril 20, 2001 NTTRUST ND MERGERS 20th nnual Conference Tamiment, Pennsylvania, May 23-25, th nnual Western Conference San Diego, California, June 27-29, 2001 CENTER FOR RESERCH N REGULTED NDUSTRES crri@andromeda.rutgers.edu School of Management 180 University venue Newark, NJ (fax)

2 REVSED 3/27/01 DVNCED WORKSHOP N REGULTON ND COMPETTON Networking ndustries telecommunications, electricity, gas, water, postal, etc. are currently undergoing major changes, the most significant being entry of competitors and the resulting impact on regulation. The Workshop presents some of the latest economic thinking used to analyze major current problems of network industries. Competition, incentives for efficiency, and the increased use of market rather than regulatory processes outline in very broad terms the material to be covered. n addition, the Workshop will provide some of the latest legal thinking and its economic impact upon the increasingly competitive environment of network industries. OBJECTVE To promote a better understanding of competition in network industries and applying it in their company or regulatory commission. WHO SHOULD TTEND? ndividuals interested in developing a better understanding of competition in network industries and applying it in their company or regulatory commission. PPROCH The Workshop is organized annually as three one-day meetings combined with a two-day conference in the Eastern U.S. and a second two-day conference on the West Coast. The meeting format is designed to allow for both presentation of recent research and the open discussion of new ideas. The topics covered provide not only the latest research on competitive developments in network industries, but also instructions on subjects required for a better understanding of competition. SCHEDULE ND TOPCS OF THE WORKSHOP Three one-day meetings held at Rutgers University, School of Management, Newark, NJ, beginning at 10:00 a.m. and ending at 3:30 p.m.: November 17, 2000 UCTONS N NETWORK NDUSTRES Michael Rothkopf (Rutgers University): Primer on Bidding and uctions David Salant (NER) pplications of uctions in Network ndustries Paul R. Kleindorfer (University of Pennsylvania) Capacity uctions: Electricity and Cargo Lifters William T. Flynn (PJM nterconnection) Commentary January 19, 2001 NCENTVE REGULTON: MKNG T WORK Michael. Crew (Rutgers University) and Paul R. Kleindorfer (University of Pennsylvania) ncentive Regulation: Theory and Practice Karl McDermot (NER) Designing New Regulatory Contract: The Role of Market Processes in the Design of Dynamic ncentives Christopher Garbacz (Mississippi Commission Staff), Mark Reeder (New York Public Service Commission) Commentary pril 20, 2001 NTTRUST ND MERGERS William Kovacic (George Washington University) Mergers and ntitrust: Legal and Economic ssues J. Douglas Zona (Cornerstone Research) The MCWorldCom-Sprint Merger Joseph Oates (Consolidated Edison) The ConEd- Northeast Utilities Merger 20 th nnual Conference The Tamiment Resort and Conference Center, Tamiment, Pennsylvania, 4:00 p.m. Wednesday, May 23 to 1:00 p.m., Friday, May 25, th nnual Western Conference Hyatt slandia, San Diego, California, 4:00 p.m. Wednesday, June 27, through 1:00 p.m., Friday, June 29, CENTER FOR RESERCH N REGULTED NDUSTRES The Center for Research in Regulated ndustries, located at Rutgers University, aims to further the study of regulation by research in economics, finance, and institutions. ts publications, seminars, workshops, and courses make available the latest advances to academics, managers, and regulatory commission staff. The Center has over twenty years of experience providing research, instruction, conferences, courses, seminars, and workshops in the economics of network industries. The Center s Journal of Regulatory Economics is an international scholarly bi-monthly publication intended to provide a forum for the highest quality research in regulatory economics.

3 REVSED 3/27/01 FCULTY Michael. Crew: Professor of Economics, Department of Finance and Economics, and Director of the Center for Research in Regulated ndustries, Rutgers University Paul R. Kleindorfer: Universal Furniture Professor of Economics and Decision Sciences, University of Pennsylvania William E. Kovacic: Professor of Law, School of Law, George Washington University Joseph C. Schuh: Visiting ssistant Professor, Department of Finance and Economics, and ssociate Director of the Center for Research in Regulated ndustries, Rutgers University Menahem Spiegel: ssociate Professor of Economics, School of Management, Rutgers University Dennis Weisman: Professor of Economics, Kansas State University SSOCTED RUTGERS UNVERSTY FCULTY: Ronald Harstad, Professor of Economics, School of Management Michael Rothkopf, Professor of Operations Research, School of Business Emilio Venezian, ssociate Professor of Economics, School of Management STFF: Jeremy T. Guenter: dministrative ssistant, Center for Research in Regulated ndustries, Rutgers University WORKSHOP ORGNZNG COMMTTEE Shimon werbuch Brenda Kahn (T&T) Michael. Crew (Rutgers University) Paul Kleindorfer (University of Pennsylvania) Kent Currie (SBC) Robert. Levin (NY Mercantile Exchange) William Deehan (Cen. Vermont Pub. Serv.) Colin Loxley (Public Service Electric & Gas) Chrisopher Garbacz (Miss. Public Util. Staff) Joseph P. Oates (Consolidated Edison) Nainish Gupta (rthur ndersen) David Pitcher (Verizon) Wayne Hallard (Verizon) Mark Reeder (NY Pub. Service Comm.) WESTERN CONFERENCE ORGNZNG COMMTTEE Jasmin nsar (Pacific Gas & Electric) Jeremy Bloom (EPR) Michael. Crew (Rutgers University) Fred Curry (California Public Utility Comm.) David Gamson (California Public Util. Comm) Christopher Garbacz (Miss Public Util. Staff) John Jurewitz (Southern California Edison) Dennis Keane (Pacific Gas & Electric) gustin Ros (NER) Joseph Schuh (Rutgers University) Richard Schuler (NY Pub. Service Comm.) Richard Simnett (Telecordia) Mark Smith (U.S. Postal Service) Menahem Spiegel (Rutgers University) J. Douglas Zona (Cornerstone Research) Carl Pechman (Power Economics) Cliff Rochlin (Southern California Gas) David Salant (NER) Larry Schelhorse (Sempra Energy) P T C P T N G O R G N Z T O N S Gas & Electric rizona Public Service Baltimore Gas & Electric Boston Edison Brooklyn Union Gas Central Hudson Gas & Electric Central Vermont Public Service Corp Coastal Gas Markets Consolidated Edison of New York Duke Power Co. Eastern Utility ssociates Edison Electric nstitute Elizabethtown Gas Co. Entergy Gas Company of New Mexico Georgia Power GPU Energy Green Mountain Power Green Mountain Energy Resources Houston ndustries ndependent Power Producers of New York Long sland Power uthority Louisiana Power & Light Co. Michigan Consolidated Gas Missouri Public Service Montana Power Nevada Power Co. New England Electric New England Power Services Corp. New York Power Pool New York State Electric & Gas Co. Niagara Mohawk Power Co. Northeast Utilities Service Corp. Orange and Rockland Utilities Pacific Gas & Electric PECO Energy PEPCo Portland General Electric Public Service Company of Colorado Public Service Electric & Gas Rochester Gas & Electric San Diego Gas & Electric Sempra Energy Sierra Pacific Power South Carolina Electric & Gas Southern California Edison Southern California Gas Southern Company Southern Connecticut Gas Texas Utilities Utilicorp United Wisconsin Electric Power Telecommunications meritech T&T T&T Bell Laboratories Bell tlantic Bell Canada Bell Communications Research Bell South British Telecommunications Edmonton Telephones Corp. GTE llinois Bell Telephone MC Pacific Bell Telephone Pacific Telecom Rochester Telephone Southern New England Telephone Southwestern Bell Sprint US West Public and Regulatory gencies labama Public Service Commission Bonneville Power dministration California Energy Commission California Public Utilities Commission Canadian National Energy Board Colorado Department of Law Connecticut Division of Public Utility Control Connecticut Office of Consumer Counsel Connecticut Office of Policy Management Delaware Office of the Public dvocate District of Columbia Public Service Commission Florida Public Service Commission daho Public Utility Commission llinois Commerce Commission owa State Utilities Board Long sland Power uthority Los ngeles Department of Water & Power Maryland Public Service Commission Massachusetts Department of Public Utilities Minnesota Department of Department of Public Service Mississippi Public Utilities Staff Montana Public Service Commission National Energy Board of Canada Nevada Public Utility Commission New Hampshire Public Utilities Commission New Jersey Division of Ratepayer dvocate New Jersey Board of Public Utilities New Jersey Board of Regulatory Commission New Jersey Department of Environmental Protection New Jersey Public dvocate New Mexico Public Service Commission New York State Consumer Protection Board New York State Department of Law New York State Department of Economic Development New York State Energy Office New York State Energy Research & Development uthority New York State Public Service Commission Ohio Public Utility Commission Oklahoma Corporation Commission Oregon Public Utility Commission Public Power Council Sacramento Municipal Utility District Tennessee Regulatory uthority Texas Public Utilities Commission Tompkins County U.S. Bureau of Labor Statistics U.S. Department of Energy U.S. Energy nformation dministration U.S. Federal Communications Commission U.S. Federal Energy Regulatory Commission U.S. Postal Rate Commission United States Postal Service V.. Medical Center Vermont Public Service Commission Virginia State Corporation Commission Washington Utilities & Transportation Commission Wisconsin Public Service Commission Other Organizations merican Gas ssociation nalysis Group nalytical Support Network pplied Economic nalysis pplied Energy Group Barakat & Chamberlin Ballantrae nternational Brattle Group California ndependent System Operator Cambridge Systematics Cato nstitute Cerna Charles River ssociates Christensen ssociates CNergy Comverge Technologies Cornerstone Research Deloitte and Touche EconONE Economic Decisions Economic Studies nc. Economics Research Group Electric Power Research nstitute Energy Management ssociation Federal Reserve Bank of Cleveland General Electric Co. Group G Hackensack Water Co. Hagler Bailly Heiden ssociates NDETEC nsights Unlimited nstitute for Defense nalysis nternational Express Carriers Conference Kanner & ssociates Korean nformation Society Development nstitute Lawrence Berkeley Laboratory LECG Medgal & ssociates Metering Services, nc. National Economic Research ssociates National Exchange Carriers ssociations National Regulatory Research nstitute National Renewable Energy Lab New Jersey merican Water New York Mercantile Exchange Paul, Weiss, Rifkind, Wharton, & Garrison Peat Marwick PricewaterhouseCoopers PS Energy Reed Consulting Group Regional Economic Research Research Triangle nstitute Resource nternational Resources for the Future Sithe Energies Richard Silkman ssociates Small, Craig, & Werkenthin Strategy, nc. Synergic Resource Corp. Telesector Resource Group U.S. Department of Veteran s ffairs United Water Resources Utilities Mutual nsurance WK nstitute WLK & ssociates Xenergy

4 REVSED 3/27/01 CLL FOR PPERS Persons interested in presenting papers are invited to submit abstracts not exceeding two double-spaced pages for consideration for either of the two conferences. bstracts for the 14 th nnual Western Conference are due November 27, 2000 and those for the 20 th nnual Conference are due December 18, Please indicate which conference you are applying and whether you would be would be prepared to present the paper at either one. bstracts may be faxed to or ed to The Workshop Organizing Committee is responsible for the selection of the 20 th nnual Conference program. The Western Committee is responsible for selection of the Western Conference Program. Decisions on papers will be conveyed promptly. Electronic copies of the completed papers are due pril 16, 2001, for the Eastern and May 15, 2001, for the Western Conference. ll persons presenting papers are presenting papers are required to register for the conference at the reduced enrollment fee of $750 (govt. $375) for the Eastern and $790 (govt. $420) for the Western Conference, provided that completed application forms are received by February 28, fter this date, the full conference fee will apply. n case of full-time faculty of colleges and universities selected for the program, an honorarium plus full support for registration and lodging may be available. CONTCTNG THE CENTER FOR RESERCH N REGULTED NDUSTRES Home Page: ddress: CRR, Graduate School of Management 180 University venue Newark, NJ Phone: (office) (fax) crri@andromeda.rutgers.edu (Jeremy Guenter) or mcrew@andromeda.rutgers.edu (Michael. Crew) REGSTRTON NFORMTON To register, please complete and return the form below. Registrations are accepted by mail, , fax, or telephone. Please confirm telephone registrations by sending a completed and signed application form. The deadline for Workshop applications is October 30, pplications after October 30, 2000, will be admitted on a space available basis. Volume Discount: Second and Subsequent received in the same envelope or fax or made at the same time by phone or will receive a 5% volume discount. Payment nformation: Make checks payable to Rutgers University and mail to Jeremy Guenter at the above address. VS and Master Card are accepted forms of payment for registration fees. Fees include prescribed learning materials, meals at Newark meetings, all receptions, and coffee breaks, but do not include lodging and meals at residential meetings. The government rate registration fee is available to government employees. Rates for the nnual Conference and Western Conference apply only for applications received by December 31, 2000; after this date full rates apply. REGSTRTON FORM: dvanced Workshop in Regulation and Competition Name Title: Company: Complete ddress: Telephone: Fax: Package: Workshop ($650/Gov. $325): Newark Sessions ONLY Single Newark Session ($325/Gov. $165) November 2000 January 2001 pril 2001 Workshop ($975/Gov.$490): Newark sessions and ONE conference: 20 th nnual Conference (May 2001) 14 th nnual Western Conference (June 2001) Billing nformation: Workshop ($1295/Gov. $650): Newark sessions and BOTH conferences. Payment enclosed. 20 th nnual Conference ONLY ($750/Gov. $375) Send invoice to participant at above address. 14 th nnual Western Conference ONLY ($790/Gov. $420) Send invoice to Charge to VS Master Card # Exp. / GOVERNMENT RTE: Government employees may apply for reduced enrollment fees. CNCELLTON POLCY: Until October 30, 2000 cancellation is allowed without penalty and refunds will be allowed in full. fter this date, the indicated fee is due in full whether or not the participant actually attends. Substitutions may be made at any time. Signature of Participant:

5 dvanced Workshop in Regulation and Competition November 17, 2000 UCTONS N NETWORK NDUSTRES at Rutgers University Management Education Center Room :00-10:30 Sign n, Coffee and Tea available 10:30-10:40 Welcome and ntroduction Michael. Crew 10:40-11:50 Primer on Bidding and uctions by Michael Rothkopf (Rutgers Univesity) 11:50-12:50 Lunch - Room :50-1:50 pplications of uctions in Network ndustries by David Salant (National Economic Research ssociates) 1:50-2:55 Capacity uctions: Electricity and Cargo Lifters by Paul R. Kleindorfer (University of Pennsylvania) 2:55-3:10 COMMENTRY by William Flynn (PJM nterconnection) 3:10-3:15 Closing Remarks Michael. Crew

6 dvanced Workshop in Regulation and Competition January 19, 2001 NCENTVE REGULTON: MKNG T WORK at Rutgers University Newark Campus Management Education Center Room :00-10:30 Sign n, Coffee and Tea available 10:30-10:40 Welcome and ntroduction Michael. Crew 10:40-12:00 ncentive Regulation: Theory and Practice by Michael. Crew and Paul R. Kleindorfer (University of Pennsylvania) 12:00-1:00 Lunch - Room 203 1:00-2:15 Designing a New Regulatory Contract: The Role of Market Processes in the Design of Dynamic ncentives by Karl McDermott (National Economic Research ssociates) 2:20-3:10 COMMENTRY by Christopher Garbacz (Mississippi Public Utilities Commission Staff) Mark Reeder (New York Public Service Commission) 3:10-3:15 Closing Remarks Michael. Crew Directions to the Rutgers University, Newark Campus, Engelhard Hall, can be viewed at or use travelocity.com ( with the following address as the destination: 180 University venue Newark, NJ 07102

dvanced Workshop in Regulation and Competition 2000-2001 pril 20, 2001 Schedule to be Determined: NTTRUST ND MERGERS at Rutgers University Newark Campus Management Education Center Room 104

7 dvanced Workshop in Regulation and Competition pril 20, 2001 Schedule to be Determined: NTTRUST ND MERGERS at Rutgers University Newark Campus Management Education Center Room :00-10:30 Sign n, Coffee and Tea available 10:30-10:40 Welcome and ntroduction Michael. Crew Mergers and ntitrust: Legal and Economic ssues by William Kovacic (George Washington University) The MCWorldCom-Sprint Merger by J. Douglas Zona (Cornerstone Research) The ConEd-Northeast Utilities Merger by Joseph Oates (Consolidated Edison) 12:00-1:00 Lunch - Room 203 2:20-3:10 COMMENTRY 3:10-3:15 Closing Remarks Michael. Crew Directions to the Rutgers University, Newark Campus, Engelhard Hall, can be viewed at or use travelocity.com ( with the following address as the destination: 180 University venue Newark, NJ 07102

TABLE 3c: Congressional Districts with Number and Percent of Hispanics* Living in Hard-to-Count (HTC) Census Tracts**

TABLE 3c: Congressional Districts with Number and Percent of Hispanics* Living in Hard-to-Count (HTC) Census Tracts** living Alaska 00 47,808 21,213 44.4 Alabama 01 20,661 3,288 15.9 Alabama 02 23,949 6,614 27.6 Alabama 03 20,225 3,247 16.1 Alabama 04 41,412 7,933 19.2 Alabama 05 34,388 11,863 34.5 Alabama 06 34,849 4,074