Administered Incentive Pricing (AIP) of radio spectrum as advocated by Smith/NERA (1996) and recently assessed by Indepen (2003) envisages an incremental path towards e±cient pricing, with revealed and stated prefer- ence methods being used to reveal opportunity costs. We build on the latter to...

We investigate the potential economic effects of spectrum trading amongst firms who require spectrum licences as part of their activities. Trading takes place within the technical interference constraints enforced by a regulator. The model accommodates a variety of markets and firms, as well as...

Treating spectrum of different bandwidths as essentially distinct inputs needed for possibly different types of services has formed the core of spectrum analysis in academic research so far. New technological advances, such as cognitive radio, now allow us to move away from this inflexibility...