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Animal economics

Humans care about animals, and many would argue that animals are morally relevant. Many of our decisions profoundly affect the welfare of animals and yet welfare economics has not, up to this point, considered animals in its frameworks, theories and cost-benefit calculations.
Humans care about animals, and many would argue that animals are morally relevant. Many of our decisions profoundly affect the welfare of animals and yet welfare economics has not, up to this point, considered animals in its frameworks, theories and cost-benefit calculations.
Tuesday 24 March 2026 | 1 hour 21 minutes 28 seconds
Watch on YouTubeDownload File | 74.6MB

Humans care about animals, and many would argue that animals are morally relevant. Many of our decisions profoundly affect the welfare of animals and yet welfare economics has not, up to this point, considered animals in its frameworks, theories and cost-benefit calculations. This is poised to change with the publication of Animal Economics by Nicolas Treich, who is a pioneer in bringing animals into economics.

Professor Treich will present the main arguments of the book, which explores the complexity of human attitudes toward animals and combines this with economic theory to show how we can understand animal welfare as an externality and thereby incorporate animals into decisions. After the book presentation, a panel will debate and further explore the themes of the book.