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The long and winding road: the FCC paves the path with good intentions

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  • Rosston, Gregory L.

Abstract

This paper shows through several case studies that the Federal Communications Commission is having a difficult time moving toward more reliance on market forces. The case studies highlight the problems with a case-by-case approach to spectrum management rather than a wholesale change in policy. The paper then proposes a concrete method for moving toward much more market-oriented spectrum policy. It proposes a method of nomination and grant of additional flexibility and then a free entry system without barriers to entry. The gains in consumer welfare from such a move could be substantial.

Suggested Citation

  • Rosston, Gregory L., 2003. "The long and winding road: the FCC paves the path with good intentions," Telecommunications Policy, Elsevier, vol. 27(7), pages 501-515, August.
    • Handle: RePEc:eee:telpol:v:27:y:2003:i:7:p:501-515
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    Cited by:

    1. Reed E. Hundt & Gregory L. Rosston, 2005. "Cost Contingency as the Standard Deviation of the Cost Estimate for Cost Engineering," Discussion Papers 04-007, Stanford Institute for Economic Policy Research.
    2. Rosston, Gregory L. & Skrzypacz, Andrzej, 2021. "Reclaiming spectrum from incumbents in inefficiently allocated bands: Transaction costs, competition, and flexibility," Telecommunications Policy, Elsevier, vol. 45(7).
    3. Thomas W. Hazlett & David Porter & Vernon Smith, 2011. "Radio Spectrum and the Disruptive Clarity of Ronald Coase," Journal of Law and Economics, University of Chicago Press, vol. 54(S4), pages 125-165.
    4. Peter Cramton & Evan Kwerel & Gregory Rosston & Andrzej Skrzypacz, 2011. "Using Spectrum Auctions to Enhance Competition in Wireless Services," Journal of Law and Economics, University of Chicago Press, vol. 54(S4), pages 167-188.

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