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by hellojesus
1164 days ago
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Radio frequencies are not public goods. Public goods must be nonrivalous and nonexcludable. But only one entity can effectively transmit on a given frequency at a time, so it is definitely rivalrous. Seems the argument should be more that it is a merit good, but even then some determination must be made as to how to allocate each frequency resource. Auctions are a decent way to do that; supply and demand. So long as they are public and truly go to the highest bidder, I'm not sure there is much to be dissatisfied about. Thankfully the internet exists to allow people to transmit whatever they want; granted it's still limited to the internet so not the same. |
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If we allocated broadcast bands today, would we have a hundred narrow channels, or would we have a smaller number of channels and use a TDMA or CDMA style system to expand the number of available slots? I could even imagine packetized broadcasts-- rather than "KXYZ-FM" being on 98.6, your receiver would just scan the entire band for packets tagged KXYZ, and they could dynamically reallocate based on local noise levels or atmospheric conditions.