Long-lived limited-bandwidth resource

From Issuepedia

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