Individual Fishing Quotas Better Information Could Improve Program Management

Individual Fishing Quotas: Better Information Could Improve Program Management

The U.S. Government Accountability Office (GAO) is an independent agency that works for Congress. The GAO watches over Congress, and investigates how the federal government spends taxpayers dollars. The Comptroller General of the United States is the leader of the GAO, and is appointed to a 15-year term by the U.S. President. The GAO wants to support Congress, while at the same time doing right by the citizens of the United States. They audit, investigate, perform analyses, issue legal decisions and report anything that the government is doing. This is one of their reports.

This study demystifies the concept of market-like instruments in order to help policy makers make better use of market-like instruments in fisheries management.