Vampire Dogs = Werewolves?

Sometimes, I find an article that just tests my ability to analyze it, through an economic lens or any other.  Like this one from the Philippines:

SIBALE ISLAND, Romblon—Eleven days before a new appearance of the super moon on August 10, “vampire” dogs attacked and killed on Wednesday seven goats, sucking its [sic] blood and taking out its [sic] heart and liver, a senior official said.

Mayor Lemuel Cipriano said the dogs, which some residents claimed were werewolves, attacked the herd of Ervin Ignacio, a farmer-fisherman, in Sitio Sinanrigan in Barangay Calabasahan.

“The goats were drained of blood. The predators took only the livers and hearts. The rest of the body were [sic] intact,” Cipriano said.

Couple of things to note here:  (1) The seeming uncertainty about whether there’s one predator (singular) or many (plural).  I chalk this up to poor English skills. (2) The dispute as to whether the predators are vampire dogs or werewolves. This could be a promising premise for the next supernatural cult TV show:  when a dog becomes a vampire, that’s how we get werewolves!  But does this kind of werewolf take human form?  As I recall from my Dungeons & Dragons days, there’s actually a fine distinction here:  a human who turns into a wolf is a werewolf, whereas a wolf that (partially) turns into a human is a wolfwere.

Another passage of note:

Romblon Gov. Eduardo Fiormalo has issued a “shoot-on-sight” against the suspected werewolves. Residents armed with bamboo spears and bolos patrol their neighborhood at night, but the animals have been elusive.

That’s right:  bamboos spears and bolos.  This really is the premise of a supernatural cult TV show.

Finally, there is actually an economic aspect to all of this:

The Department of Agriculture has announced it would replace the goats killed, but residents have become reluctant to herd goats because it attract [sic] the vampires and they could be the next victims.

“Who knows, if these unknown killers consumed all our goats, and they go hungry, we can be their next victims,” said Nelia Yap, the municipal agriculturist.

What do you think?  Should the government be subsidizing the raising of goats, which may be the source of a negative externality (attracting vampire dogs)?  Usually, economists recommend that activities with negative externalities be taxed.