Chapter 2 Informational Cascades and the Decision to Migrate
Gil Epstein
A chapter in Migration and Culture, 2010, pp 25-44 from Emerald Group Publishing Limited
Abstract:
We introduce the idea that informational cascades can explain the observed regularity that emigrants from the same location tend to choose the same foreign location. Thus, informational cascades generate herd behavior. Herd behavior is compared with the network-externalities explanation of the same phenomenon of migration clustering.
Keywords: Migration; informational cascade; herd behavior; xenophobia; network-externalities (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:eme:fegzzz:s1574-8715(2010)0000008008
DOI: 10.1108/S1574-8715(2010)0000008008
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