] Should radio spectrum be treated as property, or as a ] common resource? ] ] WHAT is the best analogy for radio spectrum? Is it, as ] most people intuitively believe, a palpable resource like ] land, best allocated through property rights that can be ] bought and sold? Or is it, thanks to technological ] progress, more like the sea, so vast that it doesn't need ] to be parcelled out (at least for shipping traffic), in ] which case general rules on how boats should behave are ] enough to ensure that it is used efficiently. Spectrum regulation, via Lessig's blog.. |