The electromagnetic model of Gamma Ray Bursts
  I describe electromagnetic model of gamma ray bursts and contrast its main properties and predictions with hydrodynamic fireball model and its magnetohydrodynamical extension. The electromagnetic model assumes that rotational energy of a relativistic, stellar-mass central source (black-hole--accretion disk system or fast rotating neutron star) is converted into magnetic energy through unipolar dynamo mechanism, propagated to large distances in a form of relativistic, subsonic, Poynting flux-dominated wind and is dissipated directly into emitting particles through current-driven instabilities. Thus, there is no conversion back and forth between internal and bulk energies as in the case of fireball model. Collimating effects of magnetic hoop stresses lead to strongly non-spherical expansion and formation of jets. Long and short GRBs may develop in a qualitatively similar way, except that in case of long bursts ejecta expansion has a relatively short, non-relativistic, strongly dissipative stage inside the star. Electromagnetic and fireball models (as well as strongly and weakly magnetized fireballs) lead to different early afterglow dynamics, before deceleration time. Finally, I discuss the models in view of latest observational data in the Swift era. 
Maxim Lyutikov (UBC, University of Rochester)