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This article explains how market signals in the form of pricing information can be introduced into spectrum management in order to optimally guide not only assignment, but also determinations concerning type of use, emissions characteristics and exclusivity. It presents a mathematical model to...
Persistent link: https://www.econbiz.de/10013055694
Persistent link: https://www.econbiz.de/10014225910
The wireless sector is a key contributor to economic activity and growth. Over the next several years, wireless service providers are expected to invest $25 to $53 billion upgrading and expanding their networks to deploy 4G mobile broadband across the nation. All told, wireless broadband...
Persistent link: https://www.econbiz.de/10014151511
In the US spectrum auctions which allocate radio frequency rights to the private sector, firms are allowed to form multilateral bidding agreements. These agreements explicitly allow bidders to discuss their strategies and bids. Using public auction- and firm-level data from the Federal...
Persistent link: https://www.econbiz.de/10014345849
In the last year, many advocates have called for the imposition of Carterfone regulation on the wireless industry. The … similar wireless Carterfone regulation to all commercial wireless spectrum could suppress wireless infrastructure investment … regulation across the board is likely to cause particular harm to small or medium-sized wireless firms by enhancing the role of …
Persistent link: https://www.econbiz.de/10014218521
This article studies the design of optimal mechanisms to regulate entry in natural oligopoly markets, assuming the regulator is unable to control the behavior of firms once they are in the market. We adapt the Clarke-Groves mechanism, characterize the optimal mechanism that maximizes the...
Persistent link: https://www.econbiz.de/10014164618
This article studies the design of optimal mechanisms to regulate entry in natural oligopoly markets, assuming the regulator is unable to control the behavior of firms once they are in the market. We adapt the Clarke-Groves mechanism, characterize the optimal mechanism that maximizes the...
Persistent link: https://www.econbiz.de/10009583432
Radio spectrum is the means by which modern wireless communications are possible. It basically refers to the use of electromagnetic waves to code and transmit information. In recent years there has been an explosion in demand for spectrum, particularly because of impressive progress in digital...
Persistent link: https://www.econbiz.de/10012855214
Procurement regulation aimed at curbing discrimination requires equal treatment of sellers. However, Deb and Pai (2017 …) show that such regulation imposes virtually no restrictions on the ability to discriminate. We propose a simple rule …
Persistent link: https://www.econbiz.de/10011754024
Using a sample of 680 and 1,300 judicial and private auctions respectively, we analyze the effect on the wealth of those the law is intended to protect of different regulations applicable to each type of auctions. We find that consistent with a simple economic model, Courts assign judicial...
Persistent link: https://www.econbiz.de/10010505283