Network neutrality (NN) regulations governing how broadband Internet Service Providers (ISPs) package and price high-speed last mile access are being considered. Advocates say such rules are necessary to separate transport and application layers of the Internet, protecting innovation at the...

The endemic underuse of radio spectrum constitutes a tragedy of the regulatory commons. Like other common interest tragedies, the outcome results from a legal or market structure that prevents economic actors from executing socially efficient bargains. In wireless markets, innovative...

Formal regulatory parity can entail counterintuitive effects. In a series of state statutes, municipal governments have been directed to issue cable TV franchises to new competitors only after (a) formal hearings considering the ‘public interest’ in competition; and (b) imposing terms and...