Developmental risk sensitivity theory: the effects of socio-economic status on children's risky gain and loss decisions.

ABSTRACT: Evolutionary developmental theories propose that early environments shape human risk preferences. Developmental risk sensitivity theory (D-RST) focuses on the plasticity of risk preferences during childhood and makes predictions about the effect of reward size based on a child's social environment. By contrast, prospect theory predicts risk aversion for gains and risk seeking for losses regardless of environment or status. We presented 4 to 10-year-olds (n = 194) with a set of trials in which they chose between a certain amount and a chance to receive more or nothing. Two trials were equal expected value choices that differed by stake size and two were unequal expected value choices. Children either received gain trials or loss trials. Social environment was assessed using socio-eco

SUBMITTER: Harvey T 

PROVIDER: S-EPMC9515640 | biostudies-literature | 2022 Sep

REPOSITORIES: biostudies-literature