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From Risk-Seeking to Risk-Averse: The Development of Economic Risk Preference from Childhood to Adulthood

Overview of attention for article published in Frontiers in Psychology, January 2012
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About this Attention Score

  • In the top 25% of all research outputs scored by Altmetric
  • High Attention Score compared to outputs of the same age (93rd percentile)
  • High Attention Score compared to outputs of the same age and source (83rd percentile)

Mentioned by

policy
1 policy source
twitter
17 X users
facebook
2 Facebook pages

Readers on

mendeley
183 Mendeley
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Title
From Risk-Seeking to Risk-Averse: The Development of Economic Risk Preference from Childhood to Adulthood
Published in
Frontiers in Psychology, January 2012
DOI 10.3389/fpsyg.2012.00313
Pubmed ID
Authors

David J. Paulsen, Michael L. Platt, Scott A. Huettel, Elizabeth M. Brannon

Abstract

Adolescence is often described as a period of heightened risk-taking. Adolescents are notorious for impulsivity, emotional volatility, and risky behaviors such as drinking and driving under the influence of alcohol. By contrast, we found that risk-taking declines linearly from childhood to adulthood when individuals make choices over monetary gambles. Further, with age we found increases in the sensitivity to economic risk, defined as the degree to which a preference for assured monetary gains over a risky payoff depends upon the variability in the risky payoff. These findings indicate that decisions about economic risk may follow a different developmental trajectory than other kinds of risk-taking, and that changes in sensitivity to risk may be a major factor in the development of mature risk aversion.

X Demographics

X Demographics

The data shown below were collected from the profiles of 17 X users who shared this research output. Click here to find out more about how the information was compiled.
Mendeley readers

Mendeley readers

The data shown below were compiled from readership statistics for 183 Mendeley readers of this research output. Click here to see the associated Mendeley record.

Geographical breakdown

Country Count As %
United States 3 2%
Germany 2 1%
Switzerland 1 <1%
Denmark 1 <1%
Malaysia 1 <1%
Japan 1 <1%
Spain 1 <1%
Unknown 173 95%

Demographic breakdown

Readers by professional status Count As %
Student > Ph. D. Student 42 23%
Researcher 23 13%
Student > Master 17 9%
Student > Bachelor 16 9%
Student > Doctoral Student 12 7%
Other 30 16%
Unknown 43 23%
Readers by discipline Count As %
Psychology 59 32%
Business, Management and Accounting 13 7%
Social Sciences 11 6%
Economics, Econometrics and Finance 10 5%
Neuroscience 8 4%
Other 38 21%
Unknown 44 24%
Attention Score in Context

Attention Score in Context

This research output has an Altmetric Attention Score of 16. This is our high-level measure of the quality and quantity of online attention that it has received. This Attention Score, as well as the ranking and number of research outputs shown below, was calculated when the research output was last mentioned on 04 January 2022.
All research outputs
#2,279,538
of 25,339,932 outputs
Outputs from Frontiers in Psychology
#4,576
of 34,220 outputs
Outputs of similar age
#16,572
of 256,262 outputs
Outputs of similar age from Frontiers in Psychology
#78
of 481 outputs
Altmetric has tracked 25,339,932 research outputs across all sources so far. Compared to these this one has done particularly well and is in the 91st percentile: it's in the top 10% of all research outputs ever tracked by Altmetric.
So far Altmetric has tracked 34,220 research outputs from this source. They typically receive a lot more attention than average, with a mean Attention Score of 13.2. This one has done well, scoring higher than 86% of its peers.
Older research outputs will score higher simply because they've had more time to accumulate mentions. To account for age we can compare this Altmetric Attention Score to the 256,262 tracked outputs that were published within six weeks on either side of this one in any source. This one has done particularly well, scoring higher than 93% of its contemporaries.
We're also able to compare this research output to 481 others from the same source and published within six weeks on either side of this one. This one has done well, scoring higher than 83% of its contemporaries.