Effect of economic techniques on radio frequency utilization.
Fox, Richard N.
Gates, William R.
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This thesis compares the efficacy of spectrum assignment and allocation using a market-based system with the current government-controlled regulatory system. In making this comparison, a brief review of the spectrum and its radio communication uses is given. An examination of the current system-historical, organizational and political-is also presented. The spectrum is then discussed as a resource in relation to its economic characteristics: supply, demand, opportunity costs, prices, externalities and property rights. Although the spectrum is a unique resource as compared to most other natural resources, this conclusion is no valid reason for not allowing the establishment of a spectrum market exists.
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