ABSTRACT

The analysis of the preceding chapters suggests that the structure of the Puget Sound salmon industry makes it a prime candidate for troublesome economic performance. It is a complex, multispecies fishery, shared by the nationals of two countries, and harvesting high-valued fish that can be caught in close proximity to processing and marketing centers in both Washington and British Columbia. It presents, therefore, a most interesting test of the economic performance of a fishery under “scientific regulation,” in a physical sense, with a solid biological research base and substantial regulatory authority.