Consumption of Pet Companionship and the Allocation of Time

Franklin G. Mixon; Rand W. Ressler

Consumption of Pet Companionship and the Allocation of Time

Economics

Research output: Contribution to journal › Article › peer-review

Abstract

The Beckerian theory of consumer behavior assumes time to be a vital factor in goods production and consumption. The theory also relates a household's combination of time and goods to the production of ultimate commodities as objects of utility maximization. This utility principle is applied in the case of pet companionship. High time costs for dogs relative to cats, combined with other economic factors, explained cat substitution for dogs in household economic functions.

Original language	American English
Journal	Atlantic Economic Journal
Volume	24
State	Published - 1996

DC Disciplines

Business
Finance and Financial Management

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

Cite this

@article{476e1ce4ef4f4272b4055cebc35c2588,

title = "Consumption of Pet Companionship and the Allocation of Time",

abstract = " The Beckerian theory of consumer behavior assumes time to be a vital factor in goods production and consumption. The theory also relates a household's combination of time and goods to the production of ultimate commodities as objects of utility maximization. This utility principle is applied in the case of pet companionship. High time costs for dogs relative to cats, combined with other economic factors, explained cat substitution for dogs in household economic functions. ",

author = "Mixon, {Franklin G.} and Ressler, {Rand W.}",

note = "The Beckerian theory of consumer behavior assumes time to be a vital factor in goods production and consumption. The theory also relates a household's combination of time and goods to the production of ultimate commodities as objects of utility maximization. This utility principle is applied in the case of pet companionship.",

year = "1996",

language = "American English",

volume = "24",

journal = "Atlantic Economic Journal",

issn = "0197-4254",

publisher = "Springer Netherlands",

}

TY - JOUR

T1 - Consumption of Pet Companionship and the Allocation of Time

AU - Mixon, Franklin G.

AU - Ressler, Rand W.

N1 - The Beckerian theory of consumer behavior assumes time to be a vital factor in goods production and consumption. The theory also relates a household's combination of time and goods to the production of ultimate commodities as objects of utility maximization. This utility principle is applied in the case of pet companionship.

PY - 1996

Y1 - 1996

N2 - The Beckerian theory of consumer behavior assumes time to be a vital factor in goods production and consumption. The theory also relates a household's combination of time and goods to the production of ultimate commodities as objects of utility maximization. This utility principle is applied in the case of pet companionship. High time costs for dogs relative to cats, combined with other economic factors, explained cat substitution for dogs in household economic functions.

AB - The Beckerian theory of consumer behavior assumes time to be a vital factor in goods production and consumption. The theory also relates a household's combination of time and goods to the production of ultimate commodities as objects of utility maximization. This utility principle is applied in the case of pet companionship. High time costs for dogs relative to cats, combined with other economic factors, explained cat substitution for dogs in household economic functions.

UR - https://go.gale.com/ps/anonymous?id=GALE%7CA18669956&sid=googleScholar&v=2.1&it=r&linkaccess=abs&issn=01974254&p=AONE&sw=w

M3 - Article

SN - 0197-4254

VL - 24

JO - Atlantic Economic Journal

JF - Atlantic Economic Journal

ER -

Consumption of Pet Companionship and the Allocation of Time

Abstract

DC Disciplines

UN SDGs

Other files and links

Fingerprint

Cite this