57 boys and 55 girls, age 5 to 13 years, played a game in which they made 80 choices to insert a stylus in one of three boards, which had 2, 4, or 8 holes. The choices had equal expected value, but the probabilities of payoff were ½, ¼, or ⅛. Each child began with 15 pennies and paid a penny for each play. Analyses of choices of each probability for the last 30 trials yielded no age or sex differences. The cultural stereotype that boys take greater risks than girls was not supported.
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