Migration when Social Preferences are Ordinal: Steady-state Population Distribution and Social Welfare

Research output: Contribution to journalArticlepeer-review

Abstract

This paper adds three dimensions to the received literature: it models migration when the individuals’ preferences regarding their relative incomes are ordinal, it works out the resulting spatial steady-state distribution of the individuals, and it shows that the aggregate of the individuals’ migration choices in the spatial steady-state distribution sums to the social optimum. This finding does not apply when the individuals’ preferences regarding their relative incomes are cardinal. We highlight the importance of the assumption about the nature of the individuals’ social preferences (whether ordinal or cardinal) to studying and predicting their migration behaviour, and to elucidating the consequences of that behaviour for social welfare.

Original languageEnglish
Pages (from-to)647-666
Number of pages20
JournalEconomica
Volume84
Issue number336
DOIs
StatePublished - Oct 2017
Externally publishedYes

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