Advancement of rights-based fishing is stymied by industry and congressional concern over distributional issues arising out of traditional ITQ design. This paper examines the existence and policy feasibility of two alternative initial allocations intended to leave the two principal industry...

The Ocean Shipping Reform Act of 1998 (OSRA) promotes changes in international ocean liner shipping. An important policy issue attendant to the passage of OSRA is the Act's likely impact on the international competitiveness of the sectors that depend upon ocean shipping. Thus, to establish how...