We focus on the relative economic benefits of licensed versus unlicensed access to the white space, in the belief that spectrum allocation is, ultimately, an economic policy choice. We ignore the technical question of whether an unlicensed approach would create harmful interference, on the...

Voluntary incentive auctions for the spectrum currently occupied by television broadcasters should be an important part of meeting exploding demand for radio spectrum. Despite recent allocations of licensed spectrum and demand management techniques for wireless carriers, such as WiFi offloading...

This paper sets forth two separate but closely related points: 1. Radio interference creates multiple interlocking externalities that cannot be properly taken into account in simple market transactions. The underlying market clearing problem is NP-complete. In the general case, it is impossible...