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Migration in times of uncertainty: on the role of economic prospects

Subtitle:
DEMIG project paper no. 11
Abstract:

Uncertainty and risk perceptions are important elements in the decision-making process about migration. This study outlines a ‘migration prospect theory’, i.e. an application and advancement of Kahneman and Tversky’s (1979; Tversky and Kahneman 1991) original prospect theory, which aims to explain short-term fluctuations of migration flows as a consequence of expectation-based adjustment about future economic prospects. I argue that individuals with migration intentions continuously assess ge...

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Publication status:
Published
Peer review status:
Reviewed (other)
Version:
Publisher's version

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Institution:
University of Oxford
Department:
Social Sciences Division - Queen Elizabeth House,Department of International Development
Publisher:
International Migration Institute Publisher's website
Series:
IMI Working Papers
Publication date:
2012
URN:
uuid:ec6676f5-aab1-47d2-af9b-f73aecadab0c
Local pid:
ora:6201

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