Fair enough. That has my vote.
However, I fear that the problem is more fundamental than government subsidies propping up unprofitable fishermen. It's that we harvest in excess of the rate that populations can be refreshed. It's a math problem, not a market problem.
Indeed, but the math problem is closed-loop with negative feedback. Furthermore, any synthetic modeling we may attempt to provide will have less fidelity, and more inappropriate dynamics than the real application of market principles.
Current programs to subsidize the industry have no doubt already been justified in light of available models and mathematics.
Our math ain't that good, and our proposed solutions are always worse.
The best use of a government bureaucrat in the fishing industry might be as bait.