BC-to-Alaska Transboundary Salmon: Conflict, Enhancement, Moral Hazard, Paper-Fish and Folly Public Deposited

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  • Enhancement of British-Columbia-to-Alaska Transboundary Rivers is a vast potential prize to all concerned. However, despite funding commitments in the Pacific Salmon Treaty, that program is at great risk of always being more potential than real. The cooperation needed to make this program work has been and continues to be grievously eroded by short-term self-interest (moral hazard), Alaskan’s fears that they will give up real fish for a share in paper fish (e.g. fish that exist only in official reports) and the folly that has bureaucrats managing these projects when they have little or no stake in their success and a history that does little to inspire confidence. This paper reviews the history of conflict over, management of, and mismanagement of BC-to-Alaska Transboundary River salmon, examines the potential gains from enhancing those stocks, and looks at approaches to contracting responsibility for and rewards from that enhancement so as to mitigate the harm from moral hazard, paper fish, and folly.
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  • Wright, Christopher Stephen, Robert Gould. 2004. BC-to-Alaska Transboundary Salmon: Conflict, Enhancement, Moral Hazard, Paper-Fish and Folly. Peer Review: No. In: Proceedings of the Twelfth Biennial Conference of the International Institute of Fisheries Economics & Trade, July 20-30, 2004, Tokyo, Japan: What are Responsible Fisheries? Compiled by Ann L. Shriver. International Institute of Fisheries Economics & Trade, Corvallis, Oregon, USA, 2004. CD ROM. ISBN 0-9763432-0-7
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