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Chapter 2 Informational Cascades and the Decision to Migrate

Gil S. Epstein

Migration and Culture

ISBN: 978-0-85724-153-5, eISBN: 978-0-85724-154-2

ISSN: 1574-8715

Publication date: 31 December 2010

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

Citation

Epstein, G. (2010), "Chapter 2 Informational Cascades and the Decision to Migrate", Epstein, G. and Gang, I. (Ed.) Migration and Culture (Frontiers of Economics and Globalization, Vol. 8), Emerald Group Publishing Limited, Bingley, pp. 25-44. https://doi.org/10.1108/S1574-8715(2010)0000008008

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Emerald Group Publishing Limited

Copyright © 2010, Emerald Group Publishing Limited

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