Migration Processes in the Context of Behavioral Economics Theories
Research Article
How to Cite
Sokolova A.A., Kalachikova O.N. Migration Processes in the Context of Behavioral Economics Theories. DEMIS. Demographic Research. 2021. Vol. 1. No. 4. P. 20-32. DOI: https://doi.org/10.19181/demis.2021.1.4.3 (in Russ.).
Abstract
The aim of this article is to investigate the connection between behavioral economy and migration processes. Behavioral economics is a relatively new phenomenon in science and the fact that some research in this area has earned the Nobel Prize makes its contribution significant in the consideration of economic processes. The analysis of sources shows that in the field of Russian studies there is practically no mention of the fact that migration behavior can be explained by the behavioral economics theses. In this article, we explore several key ideas in this area: nudge theory, prospect theory, evolutionary game theory, cognitive distortion, and hedonistic adaptation. In this article, we put forward a hypothesis that migration processes can not only be explained from the standpoint of behavioral economics but can also be regulated using the tools of this direction. Behavioral economics can be the key for discovering the dynamics and true motives of migration. The analysis of information in this area shows, that a person makes decisions mainly based not on the laws of logic and rationalism. Paradoxes such as cognitive biases, etc. reduce the effectiveness of an individual's actions and provide an incentive for the scientific community to expand the number of empirical studies of migration processes within the framework of behavioral economics theories.
Keywords:
migration processes, behavioral economics, migration behavior, nudge theory, mental accounting, endowment effect, perspective theory, migration, cognitive distortions, migrant, evolutionary game theory, hedonic treadmill
References
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2. Saryglar S. A., Maximova S. G. Migration Behavior: Strategies and Practices of Social Integration, Specifics of Adaptive Behavior of Migrants in the Asian Borderlands of Russia. Society and Security Insights. 2020. Vol. 3. No. 1. Pp. 37–48. DOI: https://doi.org/10.14258/ssi(2020)1-02. (In Russ.)
3. Rybakovsky L. L. Migratsiya naseleniya [Population migration]: textbook for universities. Moscow: Urait Publishing House, 2020. 480 p. ISBN: 978-5-534-11727-1. (In Russ.)
4. Carling J., Czaika M., Bivand Erdal M. Translating Migration Theory into Empirical Propositions. QuantMig Project Deliverable, 1. Southampton: University of Southampton, 2020. 28 p.
5. Zakharova Yu. V. Behavioral Aspects of Decision Making in the Digitalization Era. Tsifrovoy region: opyt, kompetentsii, proyekty [Digital region: experience, competencies, projects]. International Scientific and Practical Conference Proceedings. Bryansk: Bryansk State Engineering and Technological University, 2018. Pp. 181–183. (In Russ.)
6. Markelov A. Yu. Vliyaniye sklonnosti k risku na rezul'taty ekonomicheskoy aktivnosti v usloviyakh sovershennoy ekonomiki: rezul'taty eksperimental'nogo issledovaniya [Influence of the inclination to risk on the results of economic activity in a perfect economy: the results of experimental research]. Sistemogenez uchebnoy i professional'noy deyatel'nosti [Systemogenesis of educational and professional activity]. Materials of the VIII All-Russian Scientific and Practical Conference / Yu. P. Povarenkova (Ed.) Yaroslavl: Yaroslavl State Pedagogical University, 2018. Pp. 244–247. (In Russ.)
7. Panidi K. A. Nobel Prize in Economics – 2017: Richard Thaler’s Contribution. The HSE Economic Journal. 2017. Vol. 21. No. 4. Pp. 702–720. (In Russ.)
8. Benartzi S., Beshears J., Milkman K. L., Sunstein C. R., Thaler R. H., Shankar M., Tucker-Ray W., Congdon W. J., Galing S. Should Governments Invest More in Nudging? Psychological Science. 2017. Vol. 28. No. 8. Pp. 1041–1055. DOI: https://doi.org/10.1177/0956797617702501.
9. Afif Z., Islan W. W., Calvo-Gonzalez O., Dalton A. G. Behavioral Science Around the World: Profiles of 10 Countries. Washington D.C.: World Bank Group, 2019. 161 p.
10. Kallbekken S., Sælen H. ‘Nudging’ Hotel Guests to Reduce Food Waste as a Win–Win Environmental Measure. Economics Letters. 2013. Vol. 119. No. 3. Pp. 325–327. DOI: https://doi.org/10.1016/j.econlet.2013.03.019.
11. Kahneman D., Tversky A. Prospect Theory: An Analysis of Decision Making under Risk. Econometrica. 1979. Vol. 47. No. 2. Pp. 263−292. DOI: https://doi.org/10.2307/1914185.
12. Behavioural economics: modern paradigm of economic development: monograph / ed. by G. P. Zhuravleva, N. V. Manokhina, V. V. Smagina; TPO VEO Russia, Federal State Budgetary Educational Institution of Higher Education «Plekhanov State University of Economics», Scientific school «Economic theory» in Plekhanov State University of Economics. Moscow; Tambov: Publishing House of TSU named after G. R. Derzhavin, 2016. 340 p. ISBN: 978-5-00078-086-2. (In Russ.)
13. Druzhinin V. N. Eksperimental'naya psikhologiya [Experimental psychology]: textbook. St. Petersburg: Piter Publishing House, 2008. 320 p. ISBN: 978-5-8046-0176-9. (In Russ.)
14. Khadzhiev I. V., Anantchenko I. V. Influence of Cognitive Biases at User Interface Development. Nauchnaya diskussiya sovremennoy molodozhi: aktual'nyye voprosy, dostizheniya i innovatsii [Scientific discussion of modern youth: topical issues, achievements, and innovations]. International Scientific and Practical Conference Proceedings. Penza: Science and Education Publishing House, 2016. Pp. 47–49. (In Russ.)
15. Cohen J. B., Goldberg M. E. The Dissonance Model in Post-Decision Product Evaluation. Journal of Marketing Research. 1970. Vol. 7. No. 3. Pp. 315–321. DOI: https://doi.org/10.1177/002224377000700305.
16. Sanna L. J., Schwarz N. Integrating Temporal Biases: The Interplay of Focal Thoughts and Accessibility Experiences. Psychological Science. 2004. Vol. 15. No. 7. Pp. 474–481. DOI: https://doi.org/10.1111/j.0956-7976.2004.00704.x.
17. Vasin A. A. Evolutionary Game Theory and Economics. Part One. Optimality Principles and Models of Behavior Dynamics. Journal of the New Economic Association. 2009. No. 3–4. Pp. 10–27. (In Russ.)
18. Belyanin A. V. Richard Thaler and Behavioral Economics: From the Lab Experiments to the Practice of Nudging (Nobel Memorial Prize in Economic Sciences 2017). Voprosy Ekonomiki. 2018. No. 1. Pp. 5–25. DOI: https://doi.org/10.32609/0042-8736-2018-1-5-25. (In Russ.)
19. Thaler R. H., Shefrin H. M. An Economic Theory of Self-Control. Journal of Political Economy. 1981. Vol. 89. No. 2. Pp. 392—406. DOI: https://doi.org/10.1086/260971.
20. Buktugutova R. S., Zhanaeva G. K. Demographic Consequences of the Development of Integrated and Residual Lands in Kazakhstan (Some Aspects). Science & Reality. 2021. No. 2(6). Pp. 154–157. (In Russ.)
21. Kashapova E. R., Ryzhkova M. V. Cognitive Biases and Their Impact on the Behavior of an Individual. Tomsk State University Journal of Economics. 2015. No. 2(30). Pp. 15–26. DOI: https://doi.org/10.17223/19988648/30/2. (In Russ.)
22. Tuyls K., Nowe A., Lenaerts T., Manderick B. An Evolutionary Game Theoretic Perspective on Learning in Multi-Agent Systems. Synthese. 2004. Vol. 139. No. 2. Рp. 297-330. DOI: https://doi.org/10.1023/b:synt.0000024908.89191.f1.
23. De Haas H. International Migration, Remittances and Development: Myths and Facts. Third World Quarterly. 2005. Vol. 26. No. 8. Рp. 1269–1284. DOI: https://doi.org/10.1080/01436590500336757.
24. Czaika M., Vothknecht M. Migration and Aspirations – Are Migrants Trapped on a Hedonic Treadmill? IZA Journal of Migration. 2014. Vol. 3. No. 1. DOI: https://doi.org/10.1186/2193-9039-3-1.
Article
Received: 02.08.2021
Accepted: 06.12.2021
Citation Formats
Other cite formats:
APA
Sokolova, A. A., & Kalachikova, O. N. (2021). Migration Processes in the Context of Behavioral Economics Theories. DEMIS. Demographic Research, 1(4), 20-32. https://doi.org/10.19181/demis.2021.1.4.3
Section
Theory of Demography and Migrationology
