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The predictions of different classic migration theories are tested by using incentivized laboratory experiments to investigate how potential migrants decide between working in different destinations. First, the authors test theories of income maximization, migrant skill-selection, and...
Persistent link: https://www.econbiz.de/10012700604
In this paper, we investigate the role of unequal opportunities and social group membership in preferences for redistribution. We present results from a large-scale online experiment with more than 4,000 participants. The experiment features a real-effort task and a subsequent dictator game with...
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We test different classic migration theories by using incentivized laboratory experiments to investigate how potential migrants decide between working in different destinations. We test theories of income maximization, skill-selection, and multi-destination choice as we vary migration costs,...
Persistent link: https://www.econbiz.de/10014087381
decreases investment substantially. Theseresults are neither in line with expected utility theory norwith psychologically …This paper experimentally investigates investment behavior.We find that global risk – i.e. risk independent of an agent …’sinvestment decision (like political risk) – substantiallydecreases investment. Also effort to obtain the capital usedfor investment …
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