Prior Management Strategy

TAC

Quarterly apportioned

Yes, but nonbinding

Yes

Yes

Yes

Size limit

No

No

No

No

No

Season

No

No

Yes

Yes

Yes

Fishing time restrictions

Yes

No

No

No

No

Area restrictions

No

No

No

Yes

Yes

Gear

Hydraulic dredge

Hydraulic dredge

LL, except bottom LL

LL

LL, TR, Trap

Vessel moratorium/license limitation

Yes

No

Yes

No

No

Trip limits

No

No

Catch

During end-of-season mop-up

No

Mandatory logbooks

Yes

Yes

Trip coupon

No

No

Program

Type

% of TAC

% of TAC

% of TAC

% of TAC

% of TAC

Year implemented

1990

1990

1992

1995

1995

Initial Allocation

Initial recipient

Vessel owner

Vessel owner

Vessel owner

Vessel owner or lease holder

Vessel owner or lease holder

Basis for allocation

Weighted catch history and "cost factor"

Weighted catch history

50% based on catch history, 50% equiproportionate

Catch history

Catch history

Initial concentration limit

None

None

10%

None

None

Characteristics of IFQ

Durability

Perpetual

Perpetual

Perpetual

Perpetual

Perpetual

Divisibility

160 bushel minimum

160 bushel minimum

No minimum

Minimum blocks

Minimum blocks

Concentration limits

None

None

None

0.5% of regional TAC

1% of regional TAC