Title The impact of migration factors on international migration decisions: a behavioural economics perspective /
Translation of Title Migracijos veiksnių įtaka tarptautinės migracijos sprendimui: elgsenos ekonomikos požiūris.
Authors Žičkutė, Ineta
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Pages 214
Keywords [eng] migration ; socio-economic migration factors ; migration risk attitudes ; behavioural economics ; prospect theory
Abstract [eng] Evidence suggests that people make decisions with bounded rationality. However, rationality is a continuing view in trying to explain human decisions to migrate. The reduction of assumptions on standard economics models could achieve more reality-reflecting explanation of human behaviour. Therefore, the scientific problem is defined as what impact do migration factors have on international migration decisions from the perspective of behavioural economics? The migration factors and their impact on the migration decision have been analysed. The impact of the components of behavioural economics prospect theory and its application in migration decision has been distinguished. This dissertation provides a model of the impact of migration factors on migration decision from the perspective of behavioural economics which is based on socio-economic variables and new components of behavioural economics prospect theory, encompassing the explanation of different people’s behaviour under the domain of gains and losses, i.e. risk preference and loss aversion. A methodology which allows to quantify risk attitudes in migration decision was designed and guidelines of method application provided. The eliciting method and components of the prospect theory were applied in the evaluation of migration decision-making. The model of the impact of migration factors on migration decision was empirically investigated from the perspective of behavioural economics in the case of youth in Lithuania.
Dissertation Institution Kauno technologijos universitetas.
Type Doctoral thesis
Language English
Publication date 2018