Implications of dynamic spectrum management for regulation
Authored by Arturo Basaure, Vladimir Marianov, Ricardo Paredes
Date Published: 2015
DOI: 10.1016/j.telpol.2014.07.001
Sponsors:
European Union
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Abstract
The Coase theorem suggests that a regulatory scheme, which clearly
defines spectrum property rights and allows transactions between
participants, induces an optimal spectrum assignment. This paper argues
that the conditions required by Coase are gradually achieved by the
introduction of Dynamic Spectrum Management (DSM), which enables a
dynamic reassignment of spectrum bands at different times and places.
DSM reduces the costs associated with spectrum transactions and thus
provides an opportunity to enhance efficiency through voluntary
transactions. This study analyzes the factors affecting the benefits of
a regulatory scheme allowing transactions, compares and quantifies the
potential gains associated with different spectrum regimes by employing
agent-based simulations and suggests policy implications for spectrum
regulation. (C) 2014 Elsevier Ltd. All rights reserved.
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