Space Economics and Finance
Space is an intriguing economic frontier.
The geostationary orbit, the ring 36,000 km above the equator that carries much of the world's satellite television, is coordinated by the ITU, but nothing prices the congestion an additional satellite imposes on the others at its position. The paper "The Price of Position: Spatial Equilibrium in the Geostationary Arc", (https://papers.ssrn.com/sol3/papers.cfm?abstract_id=7576078) asks how much is lost when one congestion charge is used across positions of unequal value. In the estimates, a single charge for the whole arc recovers about two-thirds of the attainable gain (four-fifths when demand is measured by income), and the largest part of what it leaves is at the busiest positions, which it undercharges.
My analysis of SpaceX (https://papers.ssrn.com/sol3/papers.cfm?abstract_id=6918120) may also be of interest.