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International Migration Under Incomplete Information - A Microeconomic Approach (Paperback, Softcover reprint of the original 1st ed. 1991)
Loot Price: R1,494
Discovery Miles 14 940
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International Migration Under Incomplete Information - A Microeconomic Approach (Paperback, Softcover reprint of the original 1st ed. 1991)
Series: Studies in International Economics and Institutions
Expected to ship within 10 - 15 working days
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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.
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