Do regulators consider welfare when assigning spectrum via comparative selections?

Abstract

This study asks whether regulators consider societal welfare in assigning radio spectrum via comparative selections and also whether assignment competitiveness matters to regulators. The short answers are that regulators do focus on welfare goals in short and medium terms and vehicles to achieve these goals are fees and deployment obligations, respectively. Attempts are also made to reduce entry barriers via financial obligations. Also evident is that competitive assignments are desired by regulators.

Keywords:

• spectrum assignment
• welfare
• comparative selections
• econometrics

JEL Classification:

• L51
• L96

Notes

¹The proxy selection mechanism is , where the probability of observing increases with .