A fishery can allow participants to fish as hard as they can until its quota is reached, or allocate quota shares that can be caught at any time. A comparison of the systems in action reveals that shares slow the race to fish. See Letter p.223
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Rosenberg, A. The race to fish slows down. Nature 544, 165–166 (2017). https://doi.org/10.1038/nature21906
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DOI: https://doi.org/10.1038/nature21906
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