This study attributes the chronic economic distress of the valuable Pacific salmon industry not only to decline in catch but also to the economic problems of open access ocean fisheries. It analyzes salmon public management programs and proposes alternatives. Originally published in 1969

This book is the culmination of 45 years of research in fisheries economics by Dr Pontecorvo, and 25 years of similar work by Dr Shrank. The authors are prominent and respected academics in their discipline and have published many papers in relevant journals including Marine Policy. They have also carried out research on behalf of NGOs such as the FAO and the Canadian and US government (see Attachment 1 for author CVs).
The potential audience for this book is very broad, though the main audience will be academics working in the area of natural resource management especially fisheries, economics, business & management, environmental policy, conservation and development. In addition, those working in fisheries management for government bodies, and NGOs such as the International Institute for Fisheries and Trade, the European Association of Fishery Economists, the FAO and the UN, will be interested in this book.