Most studies analyse the frequecny polities intuitively based on the assumptin that there is no question in the frequency regulation by the government. But this paper started from the concept of frequency as economic goods. This paper conclude that frequency regulation by the government is needed to redistribute the economic surplus causing excessive demand. There are five methods in the frequency assignment-comparative healing, auction, lottery, Joint consortium and pioneer preference. The five methods are studied form the view of welfare economics and the respective political Implications are proposed in this paper.