“…Quantifying trade‐offs between different human priorities for forage fish is complicated by the fact that forage fish dynamics are highly variable and hard to predict. Forage fish characteristically undergo high‐amplitude fluctuations in productivity, which occur in the absence of fishing (Chavez, Ryan, Lluch‐Cota, & Niquen, ; McClatchie, Hendy, Thompson, & Watson, ) but can be amplified by fishing when productivity drops rapidly and management fails to respond (Dickey‐Collas et al., ; Essington et al., ). Regardless of their cause, collapses in forage fish abundance affect the livelihoods of those involved in fishing and processing and can cause shifts in predator diet, abundance and reproductive success (e.g., Francis, Hare, Hollowed, & Wooster, ; Kaplan et al., ; Kitaysky, Wingfield, & Piatt, ; Punt, MacCall, et al., ).…”