2. California’s Dungeness crab fishery includes relatively small vessels that each fish an average of approximately 150 traps, medium-sized vessels that each fish an average of 250 traps, and large vessels that each fish an average of 450 traps. If the overall economic performance of this fishery would be improved by reducing the number of traps fished, what is the maximum number of traps that each vessel should be allowed to fish? What are the pros and cons of a single trap limit for all vessels versus a trap limit that varies proportionately with vessel size? Who are the winners and the losers in each case?