at is strongestoPrime times may be during the time when another fisher is operating, which causes gear conflictoFishermen would be unable to make a year round living off of the resourceBenefits:oCan take into consideration biological factors (when a species is more vulnerable)oMarket value can be a considerationoCan prevent different fisheries from conflicting3.Fleet Quotas- distribute quota based on components of a fleet (such as vessel size or gear types, etc.)Problems:oHigh transactional cost oHigh cost of monitoring/ enforcement in Maine because there are so many “fleets” oMuch argument over the fairness of distribution between smaller and larger fleetsBenefits:oAttempts to distribute quota (profit) relative to expense incurred by fleet (economic perspective).4.Trip Limits- quota on how many fish a vessel can land during a specified length of time at sea.Problems:oHigh costs of monitoring/enforcementoHigh cost to the consumer due to regulatory inefficiency (see above)oNeed other forms of control to achieve goal of sustainability (such as limited entry or limited DAS)Benefits:oWorks well with other forms of management (as an additional measure of control)o Large amounts of fishermen can participateoHelps to even out stock landed throughout the year (season)5.Individual QuotasProblems:oDifficult to decide upon how the quota should e allocatedoDifficult to successfully take into account the needs of a variety vessels (expenditures v. income)oHigh administrative costs oDue to the high unit value of scallops- individual quotas increase the temptation to “black market” scallopsoExpensive to enforceBenefits:oUsing a combination of methods with quotas enables fishing effort to be held at a sustainable level.o Fishermen can plan accordingly, producing a more balanced economy, maximizing revenues and profitsoStrong scallop economy leads to lower consumer prices 6.Individual Transferable Quotas (ITQs)- quotas are doled...
