Chew, Soo Hong; Yi, Junjian; Zhang, Junsen; Zhong, Songfa - 2017
We study the role of risk aversion underlying son preference in patriarchal societies, where sons serve as better … insurance for old-age support than daughters. The implications of an insurance motive on son preference are two-fold. First … aversion. These results contribute to the literature on the sources of son preference and help shed light on the nature of …