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Radio spectrum is a valuable and scarce natural resource and the introduction of spectrum trading can optimize the use and improve the efficiency of this scarce resource. This paper gives a brief analysis of incentives to spectrum trading from both macro and micro perspectives, in which it focuses on the relationship between initial spectrum assignment processes and secondary spectrum trading. Furthermore,...
At present, no existing market mechanism allows for the trading of radio spectrum between licensed and unlicensed uses. Whenever spectrum is made available for reallocation, the FCC faces a dilemma in determining which access regime to use. For example, the television white spaces are largely unused and available for reallocation. Since both licensed and unlicensed allocations are valuable, allocation...
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