2. Suppose that a fishery has two sectors: (1) a commercial fishery that harvests fish to sell them to a processor, and (2) a recreational fishery where boat captains take individuals out to catch some fish for the sport of it. Each sector has a catch share. Suppose further that the demand for sport fishing goes up considerably relative to the commercial fishery. This development would create a conflict because the recreational fishery would no doubt argue that its catch share is now unfairly low. Compare how this conflict might be dealt with depending on whether the catch shares are transferable between sectors or not. Think about how the incentives of each sector to resolve this conflict are affected by the possibility of inter-sector transferability of the catch shares.