The COVID-19 pandemic brought renewed attention to broadband, and the federal response included significant funding for this issue. The broadband policy landscape shifted from its traditional emphasis on providing infrastructure to also include subsidizing the costs associated with devices and...

In a previous paper we demonstrated that spatial variation in characteristic time, defined as the time between acquisition of property rights and the realization of returns, can lead to leapfrogging and scattered development, especially during periods that interest rates are low or negligible....