Migration is a key driver of economic and societal transformation, touching people’s lives worldwide. Understanding why people decide to migrate is crucial for fostering inclusive and diverse societies and informing effective policy-making. This paper focuses on economic migrants, a particular group of migrants whose study has primarily been confined to narrow areas of interest and characterized by inconsistent terminology, limiting cross-study comparability and the synthesis of findings. Viewed through the interdisciplinary lens and derived from theoretical, empirical, and analytical research outcomes, the present paper concludes that economic migrants’ movements are influenced by the socio-demographic factors of ‘age’ and ‘education’ and are motivated by both the economic motives of ‘expected income’ and ‘employment’ and the economic-related motives of ‘corruption’, ‘amenities’, and ‘happiness’. These motives also reveal a typical profile of economic migrants: working-age, highly educated, predominantly male individuals who seek opportunities in developed countries to achieve a fulfilling life. The presented findings contribute to a better understanding of the dynamic decision-making process of economic migrants and offer valuable insights for policymakers to design more nuanced and targeted strategies for integrating migrants into societies.

Journal of Dynamic Decision Making, Vol. 10 (2024)