Theoretical approach defines migration dynamics using utility maximization to analyze individual behavior, suggesting empirical applications.
The theory of migration here is defined as the systern of definitions of individual behavior and of the theories corollaries and inferences derived frorn the definitions which characterizes migration The life cycle utility maximization model is employed to define individual behavior Awe are function is introduced to educe the implications of the life -cycle modeL Migration is considered to attain equilibrium where rnarginal we fare is equated Emphasis is put on the possibilities of applying the mode to empirical analyses which require a dynamic framework
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Keiichiro Matsushita (1982) studied this question.
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