| Reference : Risk and Refugee Migration |
| Scientific congresses, symposiums and conference proceedings : Unpublished conference | |||
| Business & economic sciences : Social economics | |||
| http://hdl.handle.net/10993/36616 | |||
| Risk and Refugee Migration | |
| English | |
Joxhe, Majlinda  [University of Luxembourg > Faculty of Law, Economics and Finance (FDEF) > Center for Research in Economic Analysis (CREA) >] | |
| Jun-2018 | |
| No | |
| International | |
| ifo CEMIR Junior Economist Workshop on Migration Research in Munich | |
| 19-06-2018 to 20-06-2018 | |
| ifo Institut-Munich | |
| [en] Refugee migration ; risk preferences ; experimental economics ; cumulative prospect theory ; psychological priming | |
| [en] This paper uses the experimental setup of Tanaka et al. (2010) to measure refugees’
risk preferences. A sample of 218 asylum seekers was interviewed in 2017-18 in Luxembourg. Contrary to studies which focus on risk aversion in general, we analyze its components using a cumulative prospect theory (CPT) framework. We show that refugees exhibit particularly low levels of risk aversion compared to other populations and that CPT provides a better fit for modeling risk attitudes. Moreover, we include randomized temporary treatments provoking emotions and find a small significant impact on probability distortion. Robustness of the Tanaka et al. (2010) experimental framework is confirmed by including treatments regarding the embedding effect. Finally, we propose a theoretical model of refugee migration that integrates the insights from our experimental outcomes regarding the functional form of refugees’ decision under risk and the estimated parameter values. The model is then simulated using the data from our study. | |
| This research project was financed by the FEDER and the Region Grand Est (France). | |
| Researchers ; Professionals | |
| http://hdl.handle.net/10993/36616 | |
| http://www.cesifo-group.de/de/ifoHome/events/Archive/conferences/2018/06/2018-06-19-cemir18-Nikolka/Programme.html |
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