Informational Cascades and Decision to Migrate

We introduce the idea that informational cascades can explain the observed regularity that emigrants from the same locations also tend to choose the same foreign locations. Thus informational cascades generate herd behavior. Herd behavior is compared with the network externalities explanation of the same phenomenon. The relation between social tensions and herd behavior is observed when local populations are xenophobic.

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Year of publication:	2002-03
Authors:	Epstein, Gil S.
Institutions:	Institute for the Study of Labor (IZA)
Subject:	Migration \| informational cascades \| herd behavior \| xenophobia \| network externalities

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Extent:	application/pdf
Series:	IZA Discussion Papers.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series 1 Number 445 24 pages
Classification:	F22 - International Migration ; J61 - Geographic Labor Mobility; Immigrant Workers
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005700933