We attempt to shed some light on the optimal design of Commission rules and practices for addressing interference disputes. Since spectrum licenses produce no benefits without large and mostly sunk investments in communications networks, our focus is on investment incentives. We argue that the...

Perhaps the most frequently cited goal of telecommunications policy is the promotion of infrastructure investment, an outcome of some statutory importance. Investment in telecoms infrastructure, in turn, stimulates jobs, which is another key target of public policy. Naturally, in the heated...