Long-lived limited-bandwidth resource
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Overview
A long-lived limited-bandwidth resource is any resource which can only support a very finite amount of use at any given time but which is expected to remain useful indefinitely.
Examples include:
- radio & TV broadcast bandwidth
- railroad corridors
Notes
Historically, such resources have been at the center of a number of politically-corrupt schemes because the resources could be bartered for power without the public being aware of the value of what was being traded away: see The Pacific Railway Acts of 1862 and The Telecommunications Act of 1996 in light of The Invisible Barbecue by Eben Moglen