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PLoS One. 2012;7(3):e33239. doi: 10.1371/journal.pone.0033239. Epub 2012 Mar 08.

Children base their investment on calculated pay-off.

PloS one

Sophie Steelandt, Valérie Dufour, Marie-Hélène Broihanne, Bernard Thierry

Affiliations

  1. Centre National de la Recherche Scientifique, Département Ecologie, Physiologie et Ethologie, Strasbourg, France. [email protected]

PMID: 22413006 PMCID: PMC3297640 DOI: 10.1371/journal.pone.0033239

Abstract

To investigate the rise of economic abilities during development we studied children aged between 3 and 10 in an exchange situation requiring them to calculate their investment based on different offers. One experimenter gave back a reward twice the amount given by the children, and a second always gave back the same quantity regardless of the amount received. To maximize pay-offs children had to invest a maximal amount with the first, and a minimal amount with the second. About one third of the 5-year-olds and most 7- and 10-year-olds were able to adjust their investment according to the partner, while all 3-year-olds failed. Such performances should be related to the rise of cognitive and social skills after 4 years.

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