International Migration Under Incomplete Information
A Microeconomic Approach
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Beschreibung
It is the main purpose of the book to give a logically consistent foundation of migration decision making under incomplete information in a unified framework. Decision rules for migration are derived from a general model of Stochastic Dynamic Programming and the properties of temporary migration equilibria are discussed as well. Finally, some hints are given for esti- mating the theoretical models which are elaborated in the book. Many results concerning the properties of optimal migration policies and of temporary migration equilibria are new. For example, it is demonstrated that less information about a country might it make more attractive for immigration, and conditions are analyzed that imply the existence of a significant stream of migrants even between identical countries in a temporary equilibrium state. The book is written for the mathematically oriented reader in economics, operations research or econometrics who is interested in application of Stochastic Dynamic Programming to an important field of research in population economics.
This book gives a logically consistent unified framework for analyzing problems in migration theory from a microeconomic point of view. The first part of the book is devoted to the theory of the individual migration decision. In the second part temporary equilibria of migration are considered. Finally, the book is completed by a chapter on econometric model building in the theory of migration.
Autor*in
Siegfried Berninghaus
Themen in »International Migration Under Incomplete Information«
International Economics Making under Incomplete Information Mikroökonomik decision making econometrics economics equilibrium incomplete information mathematical economics migration operations research population population economics Ökonom Ökonomik