30 September 2005
Conversion to HDTV
We haven't discussed this yet in class, but this article provides a good introduction to the topic. It is also an excellent example of how an external event can stimulate the deployment of policy changes. Reallocation like this is painful (to stakeholders) can be painful and difficult. How should a change he made when it isin the public interest that requires real costs on the stakeholders?
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Here is an update. The Chairman of the US Senate Commerce Committee is in favor of completing the conversion by 2009. As the article indicates, there is a bill before Congress that would enact this into law.
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