'...very useful data for students of public policy...will stand for some time as the authoritative treatment of its specialized subject.' American Political Science Review

• Introduction; One: The Spectrum System; I: Economic and Physical Character of the Radio Spectrum; II: Major Components of the Spectrum System; III: The Goals of National Spectrum Management; Two: Alternatives in Spectrum Allocation and Management; IV: Freely Transferable Rights; V: Toward a Regulated Market-Type System with Prices; VI: New Administrative Techniques; VII: The Case for Secondary Rights; Three: The Level of Spectrum Development; VIII: Spectrum Scarcity and Technological Change; IX: Government's Role in Spectrum Development: The Record; Four: Allocation, Regulation, Prices, and Service; X: The Rationale of Competitive Alternatives in Common Carrier Rate Regulation; XI: Competitive Alternatives in Practice; XII: Broadcast Allocations in Theory and Fact; XIII: The Effects of Broadcast Licensing; Four: Conclusion