Risk preferences in young children: early evidence of individual differences in reaction to potential gains and losses

By I. Levin, S. Hart. 2003

261 citations recorded by the source corpus.

Subfields: Developmental and Educational Psychology, General Decision Sciences, Safety Research

View Paper: https://www.semanticscholar.org/paper/ce76a2cb40676cea77b4ebd4179076eff5b08746

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In Developmental and Educational Psychology

In General Decision Sciences

In Safety Research

Citations in the corpus

Dispositional anxiety and risk-avoidant decision-making. (2007, background): “suggests large and stable individual differences in the tendency to seek versus avoid risky choices (e.g., Levin & Hart, 2003 ), wherein risk-taking and related decision-making processes reflect underlying dispositional qualities that vary across individuals.”
The development of risk-taking: A multi-perspective review (2006, background): “Consistent with Reyna and Ellis (1994), however, Levin and Hart (2003) and Reyna (1996), as well as Harbaugh, Krause, and Vesterlund (2001), found that younger children have greater preference for risky over certain alternatives, independent of how the risks are stated, than older children and…”
Age-related differences in adaptive decision making: Sensitivity to expected value in risky choice (2007, methodology): “Present results, related to the earlier finding that children were less responsive than adults to changes in probability (Levin & Hart, 2003), clearly show that younger children are less able than adults to use probability information to discriminate between advantageous and disadvantageous risky…”
Susceptibility to anchoring effects: How openness-to-experience influences responses to anchoring cues (2007, background): “Further, at-testing to the importance of individual differences, Levin and Hart (2003) demonstrated that individual differences in preference appear to originate at a very early age.”
The Decision Making Individual Differences Inventory and guidelines for the study of individual differences in judgment and decision-making research (2011, methodology): “The Balloon Analog Risk Task (BART; Lejuez et al., 2002), Columbia Card Task (CCT; Figner et al., 2009), Cups Task (Levin & Hart, 2003; Levin et al., 2007), and Iowa Gambling Task (Bechara et al., 1994) are examples of behavioral measures of risk.”
Affective and deliberative processes in risky choice: age differences in risk taking in the Columbia Card Task. (2009, methodology): “In contrast, many other risk-taking tasks (e.g., Brand et al., 2005; Levin & Hart, 2003; Reyna & Ellis, 1994; Rogers et al., 1999) involve the choice between a gamble with static risk and a safe riskless option (often of the same expected value) as a dependent measure.”
Economic behavior of children and adolescents – A first survey of experimental economics results (2019, background): “Regarding gender differences in risk preferences, there is strong evidence of girls being significantly more risk averse than boys (Levin and Hart, 2003; Borghans et al., 2009; Moreira et al., 2010; Booth and Nolen, 2012b; Cárdenas et al., 2012; Eckel et al., 2012; Sutter et al., 2013; Deckers et al”
Predicting domain-specific risk taking with the HEXACO personality structure (2011, background): “In laboratory tasks, different personality traits have been associated with decision-making among healthy individuals, both in children and adults (Lauriola & Levin, 2001; Lauriola, Levin, & Hart, 2007; Levin, Gaeth, Schreiber, & Lauriola, 2002; Levin & Hart, 2003).”