The intermediate market for raw fish is characterized by time and space considerations that create significant
quasi-rents between the fisher and the initial processor(s) approached to complete an exchange. This “temporal specificity”
is more pronounced the fewer the number of alternative potential buyers, the more perishable the catch and the...
This paper explores the policy efforts dealing with the problem of declining Pacific Northwest fish runs. Results have been disappointing. Decades of expensive efforts costing billion of dollars have been relatively ineffective in increasing salmon runs. Many species of wild fish continue to decline or remain significantly below target levels...