An Economic Analysis of Outer Space: Optimal Location of Telecommunications Satellites

抄録

In this paper, we consider an allocation problem of orbits in outer space and within the electromagnetic spectrum. Telecommunications satellites use two kinds of resources: space in orbit and frequency band. A conceptual model of outer space is developed to examine the optimal allocation problem. The optimal location of a system of satellites in outer space is derived. It is shown that the shadow price of outer space is a decreasing function of altitude.