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Overcoming Three Hurdles to IFQs in US Fisheries

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Abstract:

The following discussion describes the problems in U.S. fisheries, the potential role of individual fishing quotas (IFQ), and the three most contentious issues surrounding their implementation. These are the questions of whether a two-tiered system that includes both IFQs and indiviual processor quotas (IPQs) is needed, what restrictions, if any, to place on IFQs, and whether or not to place a sunset provision on IFQs.