Evolving Technologies and Standards Regulation
18 Pages Posted: 13 Oct 2008
There are 2 versions of this paper
Evolving Technologies and Standards Regulation
Date Written: April 2008
Abstract
Spectrum 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 toa 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 conditionssuch that a non-standardization equilibrium is better for consumers and for society as a whole.
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