This Article presents a legal and economic framework for analyzing municipal broadband. Economics predicts, and the evidence confirms, that municipal broadband is in almost all scenarios subsidized entry, covering capital costs and losses with tax dollars and other internal transfers....

For many Americans, a home is their most valuable asset. Naturally, the threat of a reduction in home values causes concern, which leads to opposition to several sorts of economic development projects and essential infrastructure. Opposition to rock quarries is one example. Evidence on the...

Under Section 629 of the Communications Act, Congress directed the FCC to adopt regulations to promote a retail market for set-top boxes. The Commission's first attempt was the ill-fated CableCard experiment, which - by the Commission's own admission - was a dismal failure. In response, the...

Quality competition, by increasing sunk costs, may produce levels of concentration even higher than expected in its absence. Based on Sutton's model of endogenous sunk costs and quality competition, we show that consumers, under certain conditions, may benefit from higher industry concentration...

One important concern for the upcoming and highly-complex voluntary incentive auctions for broadcast television spectrum is the degree to which the largest mobile wireless providers will be allowed to participate. Recently, the U.S. Department of Justice encouraged the Federal Communications...

In this paper, we disprove claims by proponents of increased Internet regulation that Broadband Service Providers (“BSPs”) - such as AT&T, Verizon, Sprint-Nextel, Qwest, Comcast, and Time Warner Cable - make “record profits,” “substantial profits,” and “soaring profits.” By...

The United States has recently reinvigorated its efforts to promote ubiquitous broadband at affordable prices for all Americans by both committing over $7.2 billion in stimulus funds and by requiring the Federal Communications Commission to issue a “National Broadband Plan.” The big policy...