Risky Business

The May issue of The Navigator each year is about marine safety. Consistent with that theme, this column is about the risks associated with catching fish. And there is no doubt fishing is a risky business. Wikipedia provides a couple of interesting definitions of risk. One is “the potential for gaining or losing something of value.” And the other is “the intentional interaction with uncertainty.” Both seem to be relevant for thinking about risk in the fishery. Although there ...