Is allowing trading enough? Making secondary markets in spectrum work

Pietro Crocioni

Telecommunications Policy, 2009, vol. 33, issue 8, 451-468

Abstract: The debate on spectrum reforms has mostly focused on the choice between a property rights and a commons regime. This article argues that moving to a property right system requires careful attention to details in order to avoid that "micro" rather than "macro" factors may prevent efficient trades from taking place. It provides a framework to conduct this assessment, identifies a number of possible concerns and puts forward some solutions.

Keywords: Spectrum; Trading; Licence; variations; Efficiency; Impediments (search for similar items in EconPapers)
Date: 2009
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Citations: View citations in EconPapers (10)

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