Pet Overpopulation: An Economic Analysis
This 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.
|Date of creation:||Aug 2009|
|Date of revision:|
|Contact details of provider:|| Postal: 402 Uris Hall, Ithaca, NY 14853|
Phone: (607) 255-9901
Fax: (607) 255-2818
Web page: http://www.arts.cornell.edu/econ/CAE/workingpapers.html
More information through EDIRC
References listed on IDEAS
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.:
- H. Scott Gordon, 1954. "The Economic Theory of a Common-Property Resource: The Fishery," Journal of Political Economy, University of Chicago Press, vol. 62, pages 124.
- 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, vol. 53(03), pages 465-494, September.
- Endenburg, N. & Hart, H. 't & Bouw, J., 1994. "Motives for acquiring companion animals," Journal of Economic Psychology, Elsevier, vol. 15(1), pages 191-206, March.
- Rosen, Sherwin & Murphy, Kevin M & Scheinkman, Jose A, 1994.
Journal of Political Economy,
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 93-2, Chicago - Economics Research Center.
- Sherwin Rosen & Kevin M. Murphy & Jose A. Scheinkman, 1993. "Cattle Cycles," NBER Working Papers 4403, 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, vol. 101(7), pages 3162-95, December.
- 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.
- 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, vol. 64(02), pages 400-432, June.
- Hirschman, Elizabeth C, 1994. " Consumers and Their Animal Companions," Journal of Consumer Research, Oxford University Press, vol. 20(4), pages 616-32, March.
When requesting a correction, please mention this item's handle: RePEc:ecl:corcae:09-10. See general 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: ()
If references are entirely missing, you can add them using this form.