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dc.contributor.authorCabral, Luis-
dc.contributor.authorSalant, David-
dc.date.accessioned2008-05-13T16:53:21Z-
dc.date.available2008-05-13T16:53:21Z-
dc.date.issued2008-04-
dc.identifier.urihttp://hdl.handle.net/2451/26025-
dc.description.abstractSpectrum regulation necessarily involves some regulation of the technology that licensees can use. One commonly stated assertion is that a mandated single standard, the solution followed by the EU for 2G wireless, is a successful model for spectrum regulation. We argue that a single standard leads to a free riding problem, and thus to a significant decrease in marginal incentives for R&D investment. In this context, keeping two separate standards may be a necessary evil to sustain a high level of R&D expenditures. We also provide conditions such that a non-standardization equilibrium is better for consumers and for society as a whole.en
dc.language.isoen_USen
dc.relation.ispartofseriesEC-08-16en
dc.titleEvolving Technologies and Standards Regulationen
dc.typeWorking Paperen
Appears in Collections:Economics Working Papers

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