Spectrum Trading: Market-Based Architectures for Dynamic Radio Frequency Spectrum Access

Abstract The traditional regime of spectrum allocation, in which governments assign frequencies for particular uses, leads to inefficiencies as large portions of available spectrum remain unused. In this article, Dr. Caicedo finds evidence that the scarcity of frequencies is artificial, and argues that technological innovation and new telecommunications business models are being held back as a result. Dr. Caicedo proposes the development of spectrum trading markets, and discusses their economic and technological viability for making spectrum usage more efficient for consumers and wireless service providers.