Mark Bykowsky

TL;DR: In this article, the authors discuss several steps to enhance market liquidity and provide participants the opportunity to incorporate a call option in the traded asset, and propose a market that both enhances market liquidity, and provides participants the option to incorporate call option.

TL;DR: It is suggested that there may be a "hybrid" regime that combines the best features of the license and unlicensed regimes and, thus, lead to a more efficient use of spectrum at any moment in time.

TL;DR: The past year in economics at the Federal Communications Commission focused on protecting competition in developing online markets as discussed by the authors, and discussed important economic issues that are raised by the FCC's Open Internet rulemaking (which is commonly referred to as "net neutrality") and its review of Comcast's programming joint venture with General Electric's NBC Universal affiliate.

TL;DR: The past year in economics at the Federal Communications Commission focused on protecting competition in developing online markets as mentioned in this paper, and discussed important economic issues that are raised by the FCC's Open Internet rulemaking (which is commonly referred to as "net neutrality") and its review of Comcast's programming joint venture with General Electric's NBC Universal affiliate.