Abstract

Abstract:

Alongside the long-term migration systems that developed between Europe and the Americas, Atlantic migration history is replete with anomalous events— migration “fevers” that lie outside well-described norms in migratory processes. Prospect theory finds risk-seeking behavior to have been a compelling pre-condition for two instances of such migration fever in the eighteenth and nineteenth centuries, as well as for their subsequent cascade effects, creating a social dynamic of “irrational” migration. Prospect theory provides a testable framework for understanding why and how short-lived migration episodes acquired so much force and intensity and points toward a broader relationship with accepted decision-making structures in migration studies.

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Additional Information

ISSN
1530-9169
Print ISSN
0022-1953
Pages
pp. 39-63
Launched on MUSE
2020-06-14
Open Access
No
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