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Chapter 2 Informational Cascades and the Decision to Migrate

In: Migration and Culture

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  • Gil S. Epstein

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.

Suggested Citation

  • Gil S. Epstein, 2010. "Chapter 2 Informational Cascades and the Decision to Migrate," Frontiers of Economics and Globalization, in: Migration and Culture, pages 25-44, Emerald Group Publishing Limited.
  • Handle: RePEc:eme:fegzzz:s1574-8715(2010)0000008008
    DOI: 10.1108/S1574-8715(2010)0000008008
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