Deadliest Catch, Discovery Channel

Rationalization: derby vs. quota
The series' first season was shot during the final year of the derby style king crab fishery. The subsequent seasons have been set after the change to a quota system as part of a process known as "rationalization". Under the old derby style, a large number of crews competed with each other to catch crab during a restrictive time window. Under the new Individual Fishing Quota (IFQ) system, established owners, such as those shown on the series, have been given quotas which they can fill at a more relaxed pace. In theory, it is intended to be safer, which was the main rationale for the change in the fishing rules. The transition to the quota system was also expected to increase the value of crab, by limiting the market of available crab. An influx of foreign crab negated some of these gains during the 2006 season. The rationalization process put many crews out of work as the owners of many small boats found their assigned quotas too small to meet operating expenses; during the first season run under the IFQ system, the fleet shrank from over 250 boats to around 89 mostly larger boats with high quotas.