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.
Original language | English |
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Title of host publication | Migration and Culture |
Publisher | Emerald Group Publishing Ltd. |
Pages | 25-44 |
Number of pages | 20 |
ISBN (Print) | 9780857241535 |
DOIs | |
State | Published - 2010 |
Publication series
Name | Frontiers of Economics and Globalization |
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Volume | 8 |
ISSN (Print) | 1574-8715 |
Bibliographical note
Funding Information:Financial support from the Adar Foundation of the Economics Department of Bar-Ilan University is gratefully acknowledged.
Keywords
- Herd behavior
- Informational cascade
- Migration
- Network-externalities
- Xenophobia