Abstract
Many complain about severe spectrum shortage. The shortage comes from outdated spectrum policies that allows for little sharing. Regulators have granted licenses that offer exclusive access to the spectrum. When these licensees are not transmitting, the spectrum sits idle. A new technology regarding spectrum shortage enables more spectrum sharing that unleashes innovative products and services, provided that we adopt the appropriate spectrum policies. Two camps are pushing for extreme reform, one for "property rights" and the other for "spectrum commons". This article presents concepts underlying the "property" and "commons" debate, clarifies options for spectrum reform, and describes the trade-offs of spectrum sharing

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