HOW MUCH MONEY IS YOUR PET WORTH: Why it's difficult for people to name a price for their animal.

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    • Abstract:
      The article looks at the difficulty of valuing dogs and cats. Topics discussed include the methods used to determine the monetary value of dogs and cats such as the willingness to pay concept, court cases that determine the value of pets including damages awarded to Michael Reeves for the fatal shooting of his Chesapeake Bay retriever by a police officer in Maryland in 2014, and refusal of 56% of pet owners to sell their pet for a million dollars based on a public opinion poll.