From World War II until fairly recently, conflicts and potential interference in the use of the microwave spectrum were resolved by discussions among engineers working for the users of the conflicting resources. Nowadays, conflicts are resolved by auctioning off the spectrum....
Lazarus argues, these auctions have failed to work as well as the previous regime did.....
The auctions typically leave the frequencies put up for auction underused, or so Lazarus argues.Thoughts on Economics
Planning Empirically Superior To Markets: The Fixed Microwave Spectrum
Robert Vienneau
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