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Brexit - the United Kingdom leaving the European Union - continues to create an unpredictable social and political landscape. Uncertainty and perceptions are influential drivers when it comes to migration decisions, and yet, the literature's inference typically relies on individual-level data....
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construct estimates of the risk premium migrants are willing to pay to avoid the risk associated with migration distance. The … distance effect in the spirit of Knightian distinction between risk and uncertainty. To this end, this study attempts to … results show that the magnitude of the distance effect is not rationalized by risk aversion in the Arrow-Pratt sense. In …
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This paper investigates how migration and location choice decisions depend on a large set of location characteristics, with particular focus on measuring the importance and nature of the non-monetary cost of moving. We employ a stated-preference approach to elicit respondents' choice...
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