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| Title: | | Informational Cascades and Decision to Migrate  |
| Authors: | | Epstein, Gil S. |
| Issue Date: | | 2002 |
| Series/Report no.: | | IZA Discussion paper series 445 |
| Abstract: | | 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. |
| Subjects: | | Migration informational cascades herd behavior xenophobia network externalities |
| JEL: | | J61 F22 |
| Document Type: | | Working Paper |
| Appears in Collections: | | IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)
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