Allen, Jeremiah M.; Eaton, B. Curtis - In: Journal of Regional Science 45 (2005) 1, pp. 1-19
Less information about a location has long been believed to be a barrier to new migration to that location. Diverse empirical results support this belief. Here we show that if agents are risk-neutral, less information about a location not only is "not" a barrier to migration to that location, it...