Pet Overpopulation: An Economic Analysis

Stephen Coate and Brian Knight

Working Papers from Cornell University, Center for Analytic Economics

Abstract: 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: 2009-08
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https://cae.economics.cornell.edu/09-10.pdf

Related works:
Journal Article: Pet Overpopulation: An Economic Analysis (2010)
Working Paper: Pet Overpopulation: An Economic Analysis (2009)
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Persistent link: https://EconPapers.repec.org/RePEc:ecl:corcae:09-10

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