New York Value of Chesapeake Striped Bass

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Abstract
This article looks at the interstate open-access externalities associated with Chesapeake Bay striped bass. These fish spawn in the Chesapeake Bay and then migrate to other areas of the East Coast. The Chesapeake striped bass have been in substantial decline over the last decade. Of specific interest are the losses suffered in New York from the decline in striped bass production from the Chesapeake Bay. This is done by estimating demand and supply curves for commercial fishing and then computing the losses in consumers' and producers' surplus associated with the decline, estimated to be $396,000 per year.

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