Given that divorce often represents an income gamble, we ask how individual levels of risk tolerance affect the decision to divorce. Instead of choosing divorce whenever its expected utility exceeds the expected utility of continued marriage, risk averse individuals should require additional...

The phenomenon of son preference in the People's Republic of China and throughout much of Asia has been well documented. However, changing economic conditions, such as increases in educational attainment and employment opportunities for women and the rise in the prevalence of one-child families,...