ABSTRACT
The analysis to this point suggests a number of reasons for dissatisfaction with present concepts of fishery management in general and salmon management in particular. Before launching a discussion of our own proposals, let us examine briefly the relation of our case study areas to the total salmon catch of the Pacific Coast and to attempt at least a rough estimate of the total rent available. The effect of high-seas salmon fishing by the Japanese (and, potentially, by others) on the Pacific Coast catch must also be considered. Unless the gains are worthwhile—and appear to be attainable throughout a wide range of the world’s fisheries—there is no point in undertaking the very real political effort required to implement a radically new concept of regulation.
