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Migrations, risks, and uncertainty: A field experiment in China

Listed author(s):
  • Hao, Li
  • Houser, Daniel
  • Mao, Lei
  • Villeval, Marie Claire

We report data from the first incentivized artefactual field experiment conducted in China to understand whether Chinese migrants differ from non-migrants in terms of preferences regarding risk and uncertainty in various contexts. We find that, compared to non-migrants, migrants are significantly more likely to enter competitions when they expect competitive entries from others; however, migrants are not different from non-migrants in risk and ambiguity preferences where strategic uncertainty is absent. Our results suggest that migration may be driven more by a stronger belief in one’s chance of succeeding in an uncertain competitive environment than by differences risk attitudes related to state uncertainty.

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File URL: http://www.sciencedirect.com/science/article/pii/S0167268116301676
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Article provided by Elsevier in its journal Journal of Economic Behavior & Organization.

Volume (Year): 131 (2016)
Issue (Month): PA ()
Pages: 126-140

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Handle: RePEc:eee:jeborg:v:131:y:2016:i:pa:p:126-140
DOI: 10.1016/j.jebo.2016.08.008
Contact details of provider: Web page: http://www.elsevier.com/locate/jebo

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