The National Science Foundation (NSF) has awarded a four-year, $750,000 grant to NYU WIRELESS and the NYU Stern School of Business to evaluate the engineering and economic aspects of millimeter wave (mmWave) spectrum and resource management. The mmWave bands are a promising new set of frequencies for next-generation cellular networks that offer orders of magnitude increased data rates relative to current 4G systems. The goal of the grant is to develop new technologies, economic models, and spectrum policy to realize the full potential of these bands.