Optimal Abolition of FCC Spectrum Allocation
نویسندگان
چکیده
منابع مشابه
The Efficiency of the FCC Spectrum Auctions
From July 1994 to July 1996, the Federal Communications Commission (FCC) conducted nine spectrum auctions, raising about $20 billion for the U.S. Treasury. The auctions assigned thousands of licenses to hundreds of firms. Were the auctions efficient? Did they award the licenses to the firms best able to turn the spectrum into valuable services for consumers? There is substantial evidence that t...
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The US Congress has mandated an independent evaluation of the Simultaneous Multiple Round (SMR) auction mechanism used by the FCC to award spectrum licenses to bidders. This evaluation was required to include an experimental study of alternatives to the SMR procedures that might better facilitate the acquisition of efficient combinations of the elementary licenses where complimentarity is impor...
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This paper describes the signaling that occurred in many of the FCC spectrum auctions. The FCC’s simultaneous ascending auctions allowed bidders to bid on numerous communication licenses simultaneously, with bidding remaining open on all licenses until no bidder was willing to raise the bid on any license. Simultaneous open bidding allowed bidders to send messages to their rivals, telling them ...
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T he optimal allocation of natural gas resources to various uses such as final and intermediate consumption, injection into oil fields, and exports can help policymakers to use this kind of resources efficiently. Empirical evidence support using hyperbolic discount rates instead of fixed discount rates in the economic literature. The purpose of this study is to maximize the social we...
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In this paper, we consider the problem of dynamic spectrum allocation in cognitive radio (CR) networks and propose a new sealed-bid auction framework to address the spectrum allocation problem when the spectrum is not available with certainty. In our model, we assume that the moderator plays the dual role of being a fusion center (FC) for spectrum sensing and an auctioneer for spectrum allocati...
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ژورنال
عنوان ژورنال: Journal of Economic Perspectives
سال: 2008
ISSN: 0895-3309
DOI: 10.1257/jep.22.1.103