Interesting reading for those who are curious about the Federal Communication Commission's fascination with auctions for the allocation of wireless (RF) spectrum.
Spectrum Auctions Are Not a Panacea: Theory and Evidence of Anti-Competitive and Rent-Seeking Behavior in FCC Rulemakings and Auction Design, authored by Simon Wilkie, former Chief Economist at the Federal Communications Commission and now Director, Center for Communication Law and Policy, University of Southern California in March of 2007.
NR
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