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Allocating publicly owned assets: the case of personal communications services

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  • Ian Gale

Abstract

An examination of the rationale for the recent use of government auctions to allocate radio spectrum. Auctions are a more equitable allocation method than either comparative hearings or lotteries, will help put a dent in the federal debt, and will be fair to small firms that face capital constraints.

Suggested Citation

  • Ian Gale, 1995. "Allocating publicly owned assets: the case of personal communications services," Economic Commentary, Federal Reserve Bank of Cleveland, issue Jan.
    • Handle: RePEc:fip:fedcec:y:1995:i:jan1
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    Keywords

    Accounting; Credit;

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