A policy spectrum for spectrum economics
Recent reforms to radio spectrum regulation have sparked controversy over the respective merits of two mutually exclusive liberalization regimes: property rights and commons. This debate is restrictive because it is largely incomplete and misunderstood. It is also costly in terms of opposition and delays to reforms. Goals of efficient spectrum allocation are better served by a wider policy toolkit, inclusive of hybrid and intermediary regimes. In this article I sketch the contours of a [`]spectrum of spectrum regimes', triangulating regulatory, private ownership and unlicensed approaches. I illustrate this triangulated model, which I then apply to confront allocative decisions in digital dividend policy, such as the FCC's open access clause in the 700Â MHz auction and Ofcom's current review of UHF spectrum release in the 800Â MHz band.
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- 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.
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- Levin, Harvey J, 1970. "Spectrum Allocation without Market," American Economic Review, American Economic Association, vol. 60(2), pages 209-18, May.
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