Applying Market Principles
| [Reprinted with permission from Policy Tracker, a London-based European spectrum policy newsletter. Hence, the spelling used below.] |
A market-based approach is the way of the future according to a new book by three of the architects of the UK approach to liberalisation. Here Martin Cave, Chris Doyle, William Webb argue that obstacles like interference can be overcome:
The key purpose of spectrum management is to maximise the value that society gains from the radio spectrum. This can be achieved in principle by allowing as many of the highest value users as possible to access the spectrum while ensuring that the interference between different users remains manageable. However, achieving this in practice is difficult. Identifying the highest value users in advance is prone to error and the balance between allowing additional users while ensuring that interference remains within appropriate bounds is highly complex and changes over time.
Wednesday, August 08, 2007
Posted by MJM at 9:42 AM