Title
Spectrum markets: motivation, challenges, and implications
Abstract
It is widely recognized that the centralized approach to spectrum management currently used in most countries has led to highly inefficient allocations. It is also recognized that more efficient allocations could be achieved through spectrum markets; however, most discussions have so far focused on secondary markets, which are managed by licensees. Here we take a more expansive view, and discuss some challenges and implications of implementing extensive spectrum markets across locations, time, and diverse sets of applications. The discussion is motivated by first examining the fundamental question: Is spectrum scarce or abundant? Given that spectrum is indeed scarce, and that spectrum property rights are appropriately defined, we speculate on the emergence of a two-tier market; the upper tier consists of spectrum owners that trade spectrum assets analogous to land rights, and the lower tier consists of spot markets for limited-duration rentals of spectrum assets from owners at particular locations. The changes such spectrum markets could bring to the provision of wireless services and wireless network design are discussed along with methods for addressing related interference management issues.
Year
DOI
Venue
2010
10.1109/MCOM.2010.5621982
Communications Magazine, IEEE
Keywords
DocType
Volume
lower tier,spectrum asset,spectrum owner,spectrum market,upper tier,spectrum management,spectrum property right,related interference management issue,extensive spectrum market,trade spectrum asset,interference,property rights,spread spectrum communication,wireless network,spectrum,resource management,wireless communication,secondary market
Journal
48
Issue
ISSN
Citations 
11
0163-6804
30
PageRank 
References 
Authors
2.48
4
3
Name
Order
Citations
PageRank
Randall Berry138231.42
Michael L. Honig22971411.29
Rakesh Vohra333444.55