Coase and the New Zealand Spectrum Reforms
Jackson, Charles L.
Coase and the New Zealand Spectrum Reforms created by Charles L. Jackson - Journal of Law and Economics Volume 54, number 4 .
In 1988, New Zealand commissioned a study by John Fountain to review the literature on the economics of spectrum management. As that report was being completed, New Zealand contracted with National Economic Research Associates to study the management of the radio frequency spectrum. I discuss the influence of Ronald Coase’s 1959 and 1962 articles on both studies and on the statute that was ultimately enacted and subsequently implemented in New Zealand. I touch on how I was inspired by Coase’s articles while I was a graduate student exploring approaches to defining spectrum property rights and how Coase’s work informed legislative options related to spectrum rights in common-carrier legislation introduced in the 1970s. The article closes with a thought experiment that explores the potential benefits of a broader and earlier implementation of Coase’s insights
00222186
Auctions--Operations research--Broadcasting stations
Property rights--Radio spectrum--Radio
Recommendations--Statutory law--Spectral bands
HB73 JOU
Coase and the New Zealand Spectrum Reforms created by Charles L. Jackson - Journal of Law and Economics Volume 54, number 4 .
In 1988, New Zealand commissioned a study by John Fountain to review the literature on the economics of spectrum management. As that report was being completed, New Zealand contracted with National Economic Research Associates to study the management of the radio frequency spectrum. I discuss the influence of Ronald Coase’s 1959 and 1962 articles on both studies and on the statute that was ultimately enacted and subsequently implemented in New Zealand. I touch on how I was inspired by Coase’s articles while I was a graduate student exploring approaches to defining spectrum property rights and how Coase’s work informed legislative options related to spectrum rights in common-carrier legislation introduced in the 1970s. The article closes with a thought experiment that explores the potential benefits of a broader and earlier implementation of Coase’s insights
00222186
Auctions--Operations research--Broadcasting stations
Property rights--Radio spectrum--Radio
Recommendations--Statutory law--Spectral bands
HB73 JOU