Advanced Search
MyIDEAS: Login

Enabling efficient wireless communications: The role of secondary spectrum markets

Contents:

Author Info

  • Mayo, John W.
  • Wallsten, Scott

Abstract

Despite the potentially critical nature of secondary markets in maintaining efficient spectrum and wireless markets, research has to date has focused primarily on the Federal Communication Commission's rules for initial distribution of spectrum. To redress this lacuna, we first examine the evolution of conceptual and policy developments directed toward secondary spectrum markets. Then, we seek to move beyond those efforts to empirically document the development of secondary spectrum activity in the United States and the relationship of that development to the evolving policy toward such markets. We categorize and explore different types of secondary spectrum markets. Then, by drawing on a database of every spectrum license transaction since 1994, we explore the depth and breadth of spectrum trading in secondary markets. We find that the FCC has radically reduced the time it takes to approve trades, making the system more akin to notification than to approval. We also find that a large amount of spectrum changes hands each year. While these conclusions do not necessarily imply that secondary markets work efficiently, they do show that policy efforts to facilitate and energize the growth of secondary spectrum markets are bearing considerable fruit.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://www.sciencedirect.com/science/article/B6V8J-4Y1NV01-2/2/591485a1ac3d243875f14345a229b122
Download Restriction: Full text for ScienceDirect subscribers only

As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

Bibliographic Info

Article provided by Elsevier in its journal Information Economics and Policy.

Volume (Year): 22 (2010)
Issue (Month): 1 (March)
Pages: 61-72

as in new window
Handle: RePEc:eee:iepoli:v:22:y:2010:i:1:p:61-72

Contact details of provider:
Web page: http://www.elsevier.com/locate/inca/505549

Related research

Keywords: Spectrum Secondary markets;

References

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
as in new window
  1. Mayo John W, 2008. "It's No Time to Regulate Wireless Telephony," The Economists' Voice, De Gruyter, vol. 5(1), pages 1-4, February.
  2. Bykowsky, Mark, 2003. "A secondary market for the trading of spectrum: promoting market liquidity," Telecommunications Policy, Elsevier, vol. 27(7), pages 533-541, August.
  3. Shelanski, Howard A & Huber, Peter W, 1998. "Administrative Creation of Property Rights to Radio Spectrum," Journal of Law and Economics, University of Chicago Press, vol. 41(2), pages 581-607, October.
  4. Michelle Connolly & Evan Kwerel, 2007. "Economics at the Federal Communications Commission: 2006–2007," Review of Industrial Organization, Springer, vol. 31(2), pages 107-120, September.
  5. Thomas W. Hazlett, 2008. "Property Rights and Wireless License Values," Journal of Law and Economics, University of Chicago Press, vol. 51(3), pages 563-598, 08.
Full references (including those not matched with items on IDEAS)

Citations

Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
as in new window

Cited by:
  1. Gregory Rosston & Michael Topper, 2009. "An Antitrust Analysis of the Case for Wireless Network Neutrality," Discussion Papers 08-040, Stanford Institute for Economic Policy Research.
  2. Rosston, Gregory L. & Topper, Michael D., 2010. "An antitrust analysis of the case for wireless network neutrality," Information Economics and Policy, Elsevier, vol. 22(1), pages 103-119, March.

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:eee:iepoli:v:22:y:2010:i:1:p:61-72. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Zhang, Lei).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.