Is allowing trading enough? Making secondary markets in spectrum work
The debate on spectrum reforms has mostly focused on the choice between a property rights and a commons regime. This article argues that moving to a property right system requires careful attention to details in order to avoid that "micro" rather than "macro" factors may prevent efficient trades from taking place. It provides a framework to conduct this assessment, identifies a number of possible concerns and puts forward some solutions.
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Volume (Year): 33 (2009)
Issue (Month): 8 (September)
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