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Incomplete Information and Migration: the Grass is Greener Across the Higher Fence

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  • Jeremiah M. Allen
  • B. Curtis Eaton

Abstract

Less information about a location has long been believed to be a barrier to new migration to that location. Diverse empirical results support this belief. Here we show that if agents are risk-neutral, less information about a location not only is "not" a barrier to migration to that location, it is actually an "attractor". Only if agents are Bayesian and risk-averse is less information a barrier. Copyright Blackwell Publishers, 2005

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Bibliographic Info

Article provided by Wiley Blackwell in its journal Journal of Regional Science.

Volume (Year): 45 (2005)
Issue (Month): 1 ()
Pages: 1-19

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Handle: RePEc:bla:jregsc:v:45:y:2005:i:1:p:1-19

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Web page: http://www.blackwellpublishing.com/journal.asp?ref=0022-4146

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Cited by:
  1. Demiralp, Berna, 2009. "The Impact of Information on Migration Outcomes," MPRA Paper 16121, University Library of Munich, Germany.
  2. Ludo Peeters, 2011. "Controlling For Heterogeneity And Asymmetry In Cross-Section Gravity Models Of Aggregate Migration: Evidence From Mexico," ERSA conference papers ersa10p329, European Regional Science Association.

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