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Prospect theory and the decision to move or stay

Migration has always involved stress and risk. More risk-averse households are less likely to move, while less risk-averse households will seek out opportunities and migrate. We investigate how the theoretical contributions of prospect theory, and specifically the endowment effect, can provide new u...

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Publicat a:Proc Natl Acad Sci U S A
Autors principals: Clark, William A. V., Lisowski, William
Format: Artigo
Idioma:Inglês
Publicat: National Academy of Sciences 2017
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Accés en línia:https://ncbi.nlm.nih.gov/pmc/articles/PMC5594691/
https://ncbi.nlm.nih.gov/pubmed/28827341
https://ncbi.nlm.nih.govhttp://dx.doi.org/10.1073/pnas.1708505114
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