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111: Fisheries policy and catch shares with Dan Holland

In Common

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Tradeability

The third piece is what we often call this alien ability, which is basically tradeability. It's the fact that you're there are well articulated markets in these quotas so that I can sell rights or lease them. One of the concerns of this tradeability has been most talked about by folks who aren't economists. And it seems to me like 90% of the concerns you hear about catchers are in that direction.

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