Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/106895
Authors: 
Garelli, Nicola
Year of Publication: 
2014
Series/Report no.: 
20th ITS Biennial Conference, Rio de Janeiro, Brazil, 30 Nov. - 03 Dec. 2014: The Net and the Internet - Emerging Markets and Policies
Abstract: 
Radio spectrum represents a scarce resource assigned to operators by national regulatory authorities through auctions, beauty contests or other mechanisms, aimed at introducing sufficient incentives for an optimal use of such a resource. A prerequisite for designing efficient assignment methods is that regulatory agencies, which typically rely on incomplete and asymmetric information, clearly identify the expected value of the spectrum, to be used to set auction bases, prices in beauty contests and administered incentive prices. Those considerations are particularly actual since the transition to digital television transmission opened the space for reallocating parts of the spectrum, to increase its efficiency. The paper aims at refining a techno-analytical approach to estimate the value of spectrum portions, with a methodology based on opportunity-cost evaluation and at comparing the results with the outcomes of the recent LTE spectrum auctions. Research results could be used by regulatory agencies and by operators to better shape their approach to spectrum valuation.
Subjects: 
Spectrum management
Digital Dividend
LTE
Opportunity cost
Investment
JEL: 
L51
L96
Document Type: 
Conference Paper

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