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53 Cards in this Set
- Front
- Back
1912 Radio Act
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gave Secretary of Commerce job of minimizing interference and regulating frequencies
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Radio, Herbert Hoover, 1928
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Opened up spectrum for all
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Radio Act of 1927
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-Created the "public interest" standard
- Created the FCC -Broadcasters accepted some public-interest regulation in exchange for new barriers to entry |
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1937, FCC granted three of these channels with renewable licenses
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FM
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1940 FCC Decision
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FCC gave FM 40 channels in VHF band for commercial and educational stations
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1945 Allocation of FM
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Educational FM given sole access to a certain band (where public radio resides)
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FM Radio audience in the 1960s
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Classical music, youth alternative, Native American groups
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1993 FCC competative bidding
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for wavelength allocation
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Omnibus Budget and Reconciliation Act of 1993
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Allowed new subscription-based service licenses to be auctioned
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metrology
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the science of standards
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"Just Price" Economy
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Price of bread is fixed so loaf gets smaller as prices rise. Price is encoded in measure
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Three modern Waves of Standards
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-Steam powered interchangeable parts
- Electricity scaling up to mass production - Late 20th century compatibility standards |
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Why would de facto standards appear sans government?
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Technical basis of standard is superior to existing one. New standards easier to use or cost less, compelling authority behind the standard
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Jean Baptiste de Gribeauval 1765
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Invented interchangeable parts, made gun repair much cheaper
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Exemplars
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Made off original standard and used to callibrate instrument (for example, an exemplar kilogram)
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Intrinsic Standards
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cesium for time, krypton-86 for the meter
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Talleyrand
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Proposed the metric system in 1789 in France. Spread after world fair in 1867
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Standardization of the Ohm
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Siemen's wanted to do it with a column of mercury, but the International Electrical Congress wanted to do it with a magnet and coil of water
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Christopher Sholes
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invented QWERTY keyboard, to prevent problem of jamming type bars in typewriters
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August Dvorak
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simlified keyboard in 1936, much faster
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Malcolm McLean
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Owned a large and dynamic trucking business, wanted to standardized containers and integrate this into ships as well
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Public Good Theory
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Calls for state to promote behaviors
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Public Goods Theory
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Calls for state to prevent behaviors
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Pareto Optimum
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Most efficient distribution for consumers and producers
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Nonrival Consumption
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Consumption by one individual does not detract from another
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Nonexcludability
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Difficult to prevent other people from enjoying the good
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Arthur Cecil Pigou
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Wrote "The Economics of Welfare"
- Self interest can produce economic welfare but only when social institutions intervene to make it so - State action needed to make things operate |
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Pigovian Taxes
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-Costs/benefits for individuals are not always related to cost/benefits of society. Use taxes/subsidies to counteract
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Coase Theorem
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Ronald Coase critiqued Pigou. Based on candy shop noise case (Sturges v. Bridgeman). Favors free market
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Lighthouses
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Coase found out that lighthouses in UK were actually operated privately
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Garrett Hardin
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Tragedy of the Commons
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Enclosure
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one solution to tragedy of commons.
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Common-Property Resource
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a class of resources for which exclusion is difficult and joint use entails subtractability
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Paul Baran
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Came up with packet switching for how to communicate messages in a nuclear war
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Autovon
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Developed by ATT for DoD. Large distribute communication system in early 60's
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Donald Davis
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1966 Mark 1
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Lawrence Roberts
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oversaw ARPANET
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Telnet
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first commercial network on the market, using NCP
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Jon Postel
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IP inventor, in the beginning doled out root domains until Clinton took it away from him
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Jon Postel
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IP
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Reverse sailents
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Thomas Hughes, components of a system that have fallen behind or that are out of phase with ohters
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Linear Model
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Invention->Innovation->Diffusion
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Mesa Process
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For making transistors on a silicon wafer
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Bayh-Dole Act
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1980, Patent and Trademark Law Amendments Act, Carter administration.
- Universities can receive patent rights on research that was publicly funded |
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Stevenson-Wydler Technology Innovation Act
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Carter administration (1980) sets up a technological administration in Dep of Commerce to encourage the industry
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Regulatory Capture
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Regulatory bodies side too much with cp,[amu
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Public Interest Theory
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Arthur Cecil Pigou. Regulation is supplied in response to the demand of the public for teh correction of inequitable market practices.
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Perverted Public Interest Theory
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Regulatory Failure due to overidentification with industry
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Granger Laws
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anti-monopoloy activism in the late 19th century
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Interstate Commerce Commission (ICC)
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Took away states' powers to police the railroads, produces agitation for federal regulation
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Sherman Act (1890)
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Antitrust Division of the Department of Commerce
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Clayton Act (1914)
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Creates FTC
- specifies prohibited activites (price descrimination, exclusive dealing) |
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Telecom Act of 1996
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Removed cap on how many radio stations could be owned nationwide
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