Migrations, risks, and uncertainty: A field experiment in China

作者:Hao, Li*; Houser, Daniel; Mao, Lei; Villeval, Marie Claire
来源:Journal of Economic Behavior & Organization, 2016, 131: 126-140.
DOI:10.1016/j.jebo.2016.08.008

摘要

We report data from the first incentivized artefactual field experiment conducted in China to understand whether Chinese migrants differ from non-migrants in terms of preferences regarding risk and uncertainty in various contexts. We find that, compared to non-migrants, migrants are significantly more likely to enter competitions when they expect competitive entries from others; however, migrants are not different from non-migrants in risk and ambiguity preferences where strategic uncertainty is absent. Our results suggest that migration may be driven more by a stronger belief in one's chance of succeeding in an uncertain competitive environment than by differences risk attitudes related to state uncertainty.