You have got to be kidding me, is this writing typical of economic publishing? This is a circle jerk echo chamber of cliche and truism.<p>Low-value broadcast television is a by product of auctioning spectrum and maximizing profit. If something is a public good, it isn&#x27;t in the publics good to maximize the profit.  The fitness function of the whole thing is flawed.  In what measure of efficiency does the duplication of poor cellular service and capability rank? How far into the future will such byzantine structures exist?<p><a href="https:&#x2F;&#x2F;en.wikipedia.org&#x2F;wiki&#x2F;Ronald_Coase" rel="nofollow">https:&#x2F;&#x2F;en.wikipedia.org&#x2F;wiki&#x2F;Ronald_Coase</a>