Call Boomerang Books 1300 36 33 32

Description - Toward an Evolutionary Regime for Spectrum Governance by William J. Baumol

The federal government's approach to regulating the spectrum remains largely administrative, causing major inefficiency and waste. Ironically, just as the FCC has begun to use market mechanisms, some people are pushing to treat spectrum as a common resource open to all entrants. Commons proponents maintain that with new, interference-avoiding technology, licensing is becoming unnecessary and impractical. In this brief study, noted economist William J. Baumol evaluates two options for spectrum governance ua tradable license (market) approach and a commons approach. He compares the practicality of each in terms of six key issues: interference, adequacy of investment in innovation, monopoly power, preservation of diversity, service to rural areas, and the tension between vested interests and the need for adaptable arrangements. Baumol demonstrates that, while neither approach is ideal, a commons regime has severe shortcomings. Above all, he emphasizes the importance of impermanence in the granting of licenses to preserve the flexibility to adapt to unforeseen technological and other developments.

Buy Toward an Evolutionary Regime for Spectrum Governance by William J. Baumol from Australia's Online Independent Bookstore, Boomerang Books.

Book Details

ISBN: 9780815708490
ISBN-10: 0815708491
Format: Paperback
(229mm x 152mm x 9mm)
Pages: 85
Imprint: Brookings Institution
Publisher: Brookings Institution
Publish Date: 1-Oct-2005
Country of Publication: United States

Book Reviews - Toward an Evolutionary Regime for Spectrum Governance by William J. Baumol

» Have you read this book? We'd like to know what you think about it - write a review about Toward an Evolutionary Regime for Spectrum Governance book by William J. Baumol and you'll earn 50c in Boomerang Bucks loyalty dollars (you must be a Boomerang Books Account Holder - it's free to sign up and there are great benefits!)

Write Review


Author Biography - William J. Baumol

William J. Baumol is a professor of economics at New York University and professor emeritus and senior research economist at Princeton University, USA. He is a former president of the American Economic Association. Dorothy Robyn is U.S. Deputy Under Secretary of Defense for Installations and Environment. Previously, she was a principal with The Brattle Group. She was a special assistant to the president for economic policy in the Clinton administration and previously taught at Harvard University's Kennedy School of Government, USA.

Books By William J. Baumol

Cost Disease by William J. Baumol
Paperback, September 2013
$39.59
Invention of Enterprise by William J. Baumol
Paperback, February 2012
$80.10