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Pet spending – The daily blog of behavioral and cognitive economics

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Pet spending – The daily blog of behavioral and cognitive economics

What Our Pet Spending Signals

Decades ago we called our dog Spot. Now she is Bella and so too is our child. Perhaps knowing what we name our pets can explain what we spend. Paralleling our own purchases, we are buying wearables for our pets. We can attach a GPS to our outdoor cat to monitor where she wanders. (One cat covered 16 miles while away for 48 hours.) Likewise, a GPS enabled collar can track calories, pulse, respiration, and temperature. In addition, the makers of an AI-powered device say it can turn a cat’s meows into English. As a companion, ORo can feed, entertain and train a pet ….[READ]

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