Pet Overpopulation: An Economic Analysis
AbstractThis paper considers the problem of pet overpopulation. It develops a tractable dynamic model whose positive predictions square well with key features of the current U.S. market for pets. The model is used to understand, from a welfare economic perspective, the sense in which there is \overpopulation" of pets and the underlying causes of the problem. The paper also employs the model to consider what policies might be implemented to deal with the problem. A calibrated example is developed to illustrate these corrective policies and quantify the welfare gains they produce.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by Brown University, Department of Economics in its series Working Papers with number 2009-7.
Date of creation: 2009
Date of revision:
Contact details of provider:
Postal: Department of Economics, Brown University, Providence, RI 02912
Other versions of this item:
- Coate Stephen & Knight Brian, 2010. "Pet Overpopulation: An Economic Analysis," The B.E. Journal of Economic Analysis & Policy, De Gruyter, De Gruyter, vol. 10(1), pages 1-59, December.
- Coate, Stephen & Knight, Brian, 2009. "Pet Overpopulation: An Economic Analysis," Working Papers, Cornell University, Center for Analytic Economics 09-10, Cornell University, Center for Analytic Economics.
- D62 - Microeconomics - - Welfare Economics - - - Externalities
- Q20 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - General
- Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics
This paper has been announced in the following NEP Reports:
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Sherwin Rosen & Kevin M. Murphy & Jose A. Scheinkman, 1993.
NBER Working Papers
4403, National Bureau of Economic Research, Inc.
- Rosen, Sherwin & Murphy, Kevin M & Scheinkman, Jose A, 1994. "Cattle Cycles," Journal of Political Economy, University of Chicago Press, University of Chicago Press, vol. 102(3), pages 468-92, June.
- Rosen, S. & Murphy, K.M. & Scheinkman, J.A., 1993. "Cattle Cycles," University of Chicago - Economics Research Center, Chicago - Economics Research Center 93-2, Chicago - Economics Research Center.
- Carlos, Ann M. & Lewis, Frank D., 1993. "Indians, the Beaver, and the Bay: The Economics of Depletion in the Lands of the Hudson's Bay Company, 1700–1763," The Journal of Economic History, Cambridge University Press, Cambridge University Press, vol. 53(03), pages 465-494, September.
- M. Scott Taylor, 2007.
"Buffalo Hunt: International Trade and the Virtual Extinction of the North American Bison,"
NBER Working Papers
12969, National Bureau of Economic Research, Inc.
- M. Scott Taylor, 2011. "Buffalo Hunt: International Trade and the Virtual Extinction of the North American Bison," American Economic Review, American Economic Association, American Economic Association, vol. 101(7), pages 3162-95, December.
- Endenburg, N. & Hart, H. 't & Bouw, J., 1994. "Motives for acquiring companion animals," Journal of Economic Psychology, Elsevier, Elsevier, vol. 15(1), pages 191-206, March.
- Allen, Robert C. & Keay, Ian, 2004. "Saving the Whales: Lessons from the Extinction of the Eastern Arctic Bowhead," The Journal of Economic History, Cambridge University Press, Cambridge University Press, vol. 64(02), pages 400-432, June.
- Hirschman, Elizabeth C, 1994. " Consumers and Their Animal Companions," Journal of Consumer Research, University of Chicago Press, University of Chicago Press, vol. 20(4), pages 616-32, March.
- H. Scott Gordon, 1954. "The Economic Theory of a Common-Property Resource: The Fishery," Journal of Political Economy, University of Chicago Press, University of Chicago Press, vol. 62, pages 124.
Blog mentionsAs found by EconAcademics.org, the blog aggregator for Economics research:reading lists or Wikipedia pages:Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Brown Economics Webmaster).
If references are entirely missing, you can add them using this form.