Garçon, Manuel; Garnier, Josselin; Omrane, Abdennebi - Centre d'Études et de Recherche en Économie, Gestion, … - 2010
We analyze a probability-migration model based on the threshold of average human capital as in H.-J. Chen [1]. The difficult and interesting case is the one where the probability of migration is dependent on current average human capital (the anticipative case). Here, indeterminacy occurs, and...