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53 Cards in this Set

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