Economists calculate the monetary value of pets

While money can't buy happiness, economists can estimate "life satisfaction and well-being" in terms of monetary value. In a recent study, having a pet was found to have a roughly equivalent impact on happiness to spending time with human friends or relatives. — Read the rest The post Economists calculate the monetary value of pets appeared first on Boing Boing.

Apr 23, 2025 - 16:39
 0
Economists calculate the monetary value of pets
black and white short coated dogs

While money can't buy happiness, economists can estimate "life satisfaction and well-being" in terms of monetary value. In a recent study, having a pet was found to have a roughly equivalent impact on happiness to spending time with human friends or relatives. — Read the rest

The post Economists calculate the monetary value of pets appeared first on Boing Boing.