“…The modern era of Alaska's large‐scale hatchery programme began in the late 1970s in response to low returns (Stopha, ), with substantial increases in hatchery releases during the 1980s (Leber, Kitada, Blankenship, & Svasand, ; Mahnken, Ruggerone, Waknitz, & Flagg, ; Ward, Adkison, et al., ). Many of these hatchery programs increased production in an effort to stabilize the variability in salmon catches (Brooks, ; Hilborn & Eggers, ), and while recent work has suggested these programmes may increase total yield (Amoroso, Tillotson, & Hilborn, ), quantitative support for reduction in revenue variability remains unclear. Previous work has largely concentrated on the ecological effects of hatcheries (Hilborn, ; Hilborn & Eggers, ; Ruggerone & Connors, ; Wertheimer, Smoker, Joyce, & Heard, ), or economic yield (Boyce, Herrmann, Bischak, & Greenberg, ; Leber et al., ).…”