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The economist Ronald Coase wrote a very interesting (and brief) history on the FCC, and makes a compelling argument for the use of auctions to grant rights to s
by danem 12y ago
The economist Ronald Coase wrote a very interesting (and brief) history on the FCC, and makes a compelling argument for the use of auctions to grant rights to spectrums. While long, I think the article is well worth reading.
http://thesefragments.files.wordpress.com/2007/07/coase_fcc.pdf http://thesefragments.files.wordpress.com/2007/07/coase_fcc....