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Psychological Bulletin Copyright 1999 by the American Psychological Association, Inc.

1999, Vol. 125, No. 3, 367-383 0033-2909/99/S3.00

Gender Differences in Risk Taking: A Meta-Analysis


James P. Byrnes, David C. Miller, and William D. Schafer
University of Maryland

The authors conducted a meta-analysis of 150 studies in which the risk-taking tendencies of male and
female participants were compared. Studies were coded with respect to type of task (e.g., self-reported
behaviors vs. observed behaviors), task content (e.g., smoking vs. sex), and 5 age levels. Results showed
that the average effects for 14 out of 16 types of risk taking were significantly larger than 0 (indicating
greater risk taking in male participants) and that nearly half of the effects were greater than .20. However,
certain topics (e.g., intellectual risk taking and physical skills) produced larger gender differences than
others (e.g., smoking). In addition, the authors found that (a) there were significant shifts in the size of
the gender gap between successive age levels, and (b) the gender gap seems to be growing smaller over
time. The discussion focuses on the meaning of the results for theories of risk taking and the need for
additional studies to clarify age trends.

Risk taking is an important form of human behavior that has article. In the second section, we consider the relevance of gender
been the subject of numerous investigations, scholarly analyses, differences for various theories of risk taking. In the third and
and policy debates (Byrnes, 1998; Slovic, Lichtenstein, & fourth sections, we describe our meta-analytic methodology and
Fischhoff, 1988). To a large extent, most researchers point to the the results of this analysis. In the final section, we interpret the
association between risky behaviors (e.g., unprotected sex) and findings and draw conclusions.
serious health problems (e.g., sexually transmitted diseases) when
they provide reasons for studying the former (e.g., DiClemente,
The Nature of Risk Taking: Definition and
Hansen, & Ponton, 1995). However, others have also argued that
risk taking should be studied because of its relevance to three
Assessment Issues
important issues in the field of psychology: the adaptiveness of Researchers clearly differ in the definitions they provide for risk
human behavior (Byrnes, 1998; Payne, Bettman, & Johnson, taking, but most refer to constructs such as goals, values, options,
1993), the rationality of human thought (Baron, 1994), and the and outcomes (e.g., Byrnes, 1998; Furby & Beyth-Marom, 1992;
relative importance of genes versus the environment in determin- Lopes, 1987; Slovic, Lichtenstein, & Fischhoff, 1988). Goals and
ing the phenotypic expression of traits (Wilson & Daly, 1985; values determine the kinds of outcomes that are pursued by an
Zuckerman, 1991). In essence, then, researchers have examined individual (e.g., good grades in school vs. being popular with
risk taking for a variety of reasons. Correspondingly, the literature friends) and also determine the kinds of options that are considered
on risk taking is both vast and diverse. (e.g., studying vs. socializing). The act of implementing a goal-
In the present article, we review that portion of the literature that directed option qualifies as an instance of risk taking whenever
is concerned with gender differences. From a scientific standpoint, two things are true: (a) the behavior in question could lead to more
gender differences are of interest because they can often precipi- than one outcome and (b) some of these outcomes are undesirable
tate important theoretical advances in a particular area of inquiry or even dangerous (Furby & Beyth-Marom, 1992). In essence,
(Halpern, 1992). For example, the existence of gender differences then, risk taking involves the implementation of options that could
on the Scholastic Aptitude Test (SAT) prompted many researchers lead to negative consequences.
to search for possible causes of this difference. One of the most This somewhat standard definition implies that a wide range of
important outcomes of this line of work was the finding that much behaviors would qualify as instances of risk taking (e.g., telling a
of the variance in SAT scores can be explained by course work and joke, raising one's hand in class, smoking, having unprotected sex,
math knowledge (e.g., Byrnes & Takahira, 1993). We hoped to etc.). To some researchers (including the present authors), the
precipitate similar advances in the field of risk taking. breadth of this definition is desirable because it is consistent with
Our review is organized as follows. In the first section of this their belief in the pervasiveness of risk taking in daily life. In
article, we discuss issues related to the definition and assessment addition, it gives them the latitude to study risk taking in younger
of risk taking to provide an interpretive context for the rest of the age groups (e.g., one cannot ask a minor to consume alcohol). To
others, however, the definition may seem to be too broad because
it lumps fairly innocuous behaviors (e.g., spinning a roulette wheel
James P. Byrnes and David C. Miller, Department of Human Develop- to win candy) together with rather dangerous ones (e.g., drunk
ment, University of Maryland; William D. Schafer, Department of Educa-
driving). From an assessment standpoint, this split among re-
tional Measurement and Statistics, University of Maryland.
Correspondence concerning this article should be addressed to James P. searchers is problematic because it raises questions about the
Byrnes, Department of Human Development, University of Maryland, validity of certain measures of risk taking.
College Park, Maryland 20742. Electronic mail may be sent to One way to reconcile the two approaches is to suggest that the
JB119@umail.umd.edu. category of risky behaviors is not an equivalence class (Byrnes,

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368 BYRNES, MILLER, AND SCHAFER

1998). In an equivalence class, any two members of the class are Collectively, these four issues illustrate the problems associated
equally good examples of the category (e.g., the numbers 3 and with assessing someone's risk taking that have to be considered
217 in the case of numbers). Clearly, actions that are likely to lead when the results of a study are interpreted. Note that these prob-
to distressing outcomes (e.g., reckless driving, unprotected sex) are lems should not preclude the possibility of conducting a meaning-
generally thought to be more representative of the category of ful review because the standard of unquestioned validity is impos-
risky behaviors than actions that are significantly less likely to sible to be fully met. That is, all measures of competence have
produce such outcomes (e.g., driving within the speed limit, pro- been questioned at one time or another (e.g., IQ tests, achievement
tected sex) or actions in which seemingly trivial outcomes are at tests, etc.). Questions of validity do, however, affect the degree of
stake (e.g., voicing one's opinion, not carrying an umbrella on a concern generated by a particular set of findings. For obvious
cloudy day). Thus, one could say that researchers who prefer a reasons, gender differences on a valid and widely accepted mea-
more restrictive definition would admit only the prototypical cases sure would tend to generate more concern than gender differences
into the category of risky behaviors. In contrast, those who prefer on an ambiguous or controversial measure. We return to the issues
the less restrictive definition would admit both prototypical and of measurement and validity when we describe our inclusion
less prototypical cases into the category. criteria and discuss the implications of our results.
A second issue that would affect a researcher's judgment of For now, it is important to point out an important implication of
validity is the distinction between an individual's subjective per- the foregoing analysis: Risk taking can either be adaptive or
ception of risk and the perceptions of the larger community (Furby maladaptive. It is maladaptive whenever the benefits of some
& Beyth-Marom, 1992). Consider the case of an unmarried ado- activity are far less likely to occur than the potential hazards. It is
lescent girl who values pregnancy. Although many observers adaptive whenever the converse is true. In other words, people do
would argue that she has taken a risk when she engages in not successfully adapt to their surroundings by avoiding all the
unprotected sex, the teenager might argue that she has not. Con- risks they face. In fact, it would be impossible to do so. Instead,
versely, consider the case of an 8-year-old girl who does not want they successfully adapt by systematically pursuing certain risks
to lose a small amount of candy that she has won on early trials of while avoiding others (Baumrind, 1991; Byrnes, 1998). The study
of gender differences, then, has the potential for demonstrating
a risk-taking game. Losing candy may seem trivial to an adult, but
greater or lesser degrees of environmental adaptation in women
it may be very undesirable to the child. As a result, the task would
versus men.
be subjectively risky to the child but not very risky to adult
onlookers. Some researchers have argued that subjective percep-
tions of risk constitute the minimum standard to be met in any Theories and Expectations Regarding Gender Differences
study of risk taking. Others, however, seem to require higher and in Risk Taking
more objective standards (Slovic, 1964). Either way, the subjec-
Theories are often judged to be adequate to the extent that they
tivity criterion implies that people take risks only when they are
can explain similarities or differences in performance among var-
aware of the fact that they are taking risks. However, there are
ious groups (e.g., male vs. female participants, younger vs. older
many behaviors that seem to qualify as prototypical instances of
students, experimental vs. control groups). All things being equal,
risk taking that are performed out of naivete (e.g., unprotected sex
a theory that can explain gender differences is more adequate than
in uninformed teens; a young child playing in the street; etc.).
a theory that cannot. Our reading of the risk-taking literature
Thus, we agree with Furby and Beyth-Marom's (1992) suggestion
reveals that researchers have not been particularly interested in
that behaviors can be appropriately define'd as risky even when the explaining or uncovering gender differences using the most widely
person performing these actions is unaware of possible negative cited theoretical models of risk taking. Instead, they have tended to
consequences. examine gender differences in an ancillary manner (presumably
A third factor that affects judgments of validity is the relation because it would prove interesting to the reader). Nevertheless, it
between a person's skill level and risk taking. By definition, a is useful to briefly consider the types of results that would be more
highly skilled individual fails less often than an unskilled peer on or less consistent with particular types of theoretical approaches.
tasks relevant to that skill. As a result, skill-related actions might At a general level, theories of risk taking fall into one of three
only be risky for the latter. This analysis implies, therefore, that a categories (Lopes, 1987). The first category consists of theories
researcher could not use the tendency to engage in skilled behav- that are equipped to explain the differences between people who
iors as the only evidence of risk taking in a particular study (Miller regularly take risks and people who regularly avoid risks. Two
& Byrnes, 1997). As we indicate later, however, many researchers examples of such theories are Zuckerman's (1991) account of the
have done so. sensation-seeking personality and the "Risk as Value" hypothesis
A fourth and final issue pertains to the contextualization of as described by Kelling, Zirkes, and Myerowitz (1976). Here, a
behaviors. Clearly, there are ways to perform an action and situ- single factor such as (a) a naturally lower level of arousal in men
ations in which it is performed that make it more or less risky. For or (b) a socially instilled belief that risk taking is a highly valued
example, drinking a small amount of alcohol is less risky than masculine tendency motivates high levels of risk taking across
drinking a large amount of alcohol. Similarly, having unprotected contexts in men. In their simplest form, such theories predict that
sex with a stranger is riskier than having unprotected sex with a the size and direction of gender differences would not vary by
spouse who has been tested for sexually transmitted diseases. context (i.e., men would always take more risks than women and
Hence, responding "yes" to decontextualized questions regarding the gap would remain relatively the same across contexts). More-
alcohol consumption and unprotected sex may or may not indicate over, one need not be concerned about the type of task used
risk taking. because most risk-taking tasks would probably tap into this ten-
RISK TAKING 369

dency. In more elaborated forms of these theories, however, a gender differences do occur. These authors have argued that risk
greater degree of context specificity might be predicted (e.g., see taking is an "attribute of the masculine psychology" (p. 66) that
Arnett's model below). evolved in response to the competitive demands of primate soci-
The second category consists of theories that are equipped to eties. According to this view, competition forces dominant indi-
explain the differences between situations that promote risk taking viduals to engage in risk taking to gain their positions of power.
(in most people) and situations that promote risk aversion. An The greater the spread in rewards between winners and losers, the
example would be Kahneman and Tversky's (1979) prospect the- greater the incentive to take risks. This account suggests that men
ory. Prospect theory was designed, in part, to account for the fact would only be more likely to take risks than women when a
that most people seem to prefer a risky option over a sure thing context involves both competition and a large spread in rewards
when the choices are framed in a positive way (e.g., the number of between winners and losers. For all other contexts, the gap would
people who would be saved by a medication), but they shift their presumably be smaller (though Wilson and Daly do not explicitly
preferences when the same choices are framed in a negative way make this claim). Moreover, their account provides little room for
(e.g., the number who would not be saved). There are, of course, the possibility of greater risk taking on the part of women. One
participants in each study of framing who fail to demonstrate this could, however, construct a different sociobiological model to
shift, but prospect theory was not designed to account for such explain risky behaviors that are clearly more common in women
individual differences (Lopes, 1987). As such, situation-based than in men (e.g., binge eating). So, the existence of negative effect
theories would have to predict a constant effect size of d = 0 sizes is more of a problem for Wilson and Daly's model than for
across contexts (i.e., no gender differences). sociobiological models generally.
The third category consists of theories that are equipped to In sum, then, there are three primary patterns of gender differ-
explain differences among people and situations that promote risk ences that would be more or less consistent with the claims of
taking. In other words, these models could explain why only particular theories of risk taking. For Pattern 1, effect sizes would
certain people take risks in certain situations. To illustrate, con- show a constant gender difference across contexts favoring men.
sider multifactor models that include expectations and values in Pattern 2 would consist of varying gender differences across
their formulation. According to these models, people take risks in contexts, but the distribution of effect sizes would include only
a particular context because they (a) believe they will be successful zeros and positive values (i.e., it would be men who take more
and (b) value success in that context (Atkinson, 1983; Byrnes, risks when gender differences occur). Pattern 3 would be a distri-
1998; Irwin & Millstein, 1991; Wigfield & Eccles, 1992). As bution of effect sizes that includes a full range of values (i.e.,
people move from one context to another, however, they generally negatives, positives, and zeros).
hold different expectations and values. As a result, these models In addition to considering the issue of context specificity, we
suggest that gender differences would vary by context and that also considered whether the size of the gender gap would change
some contexts would promote greater risk taking on the part of with age. In so doing, we hoped to narrow the field of plausible
women. For example, if there was reason to believe that women theories even further (beyond that suggested by the findings for
might feel more confident in a particular situation than men, and it context specificity). Note that relatively few theories of risk taking
mattered more to women to be successful in that situation (e.g., could explain a pattern in which the gender gap increases mono-
volunteering to coordinate a crucial fundraiser for their children's tonically from d = 0 in young children to d = .40 in young adults.
school), expectancy-value models would support an expectation of Similarly, relatively few theories could explain a pattern in which
greater risk taking on the part of women. the gender gap increases between childhood and adolescence (e.g.,
Other multifactor models also support the idea of context spec- d = 0 to d = .20), and then decreases between adolescence and
ificity, but for other reasons. For example, Arnett's (1992) theory adulthood (e.g., d = .20 to d = 0). In the final section of this
of broad and narrow socialization suggests that the level of risk article, we describe the extent to which existing theories of risk
taking manifested by an individual depends on two factors: (a) taking are consistent with the age trends that we reveal. For now,
endogenous tendencies such as sensation seeking and (b) the we move on to a consideration of our meta-analytic techniques.
restrictions placed on risk taking by the individual's culture (e.g.,
laws, norms, parenting practices, etc.). Whereas cultural restric-
tions dampen a sensation seeker's tendency to take risks, these
Method
restrictions do not entirely eliminate the tendency. As such, Ar- Overview
nett's model leads to the prediction that men would take more risks
than women in most cultures (because sensation seeking is found A total of 150 studies were retrieved in five steps. The first step involved
more often in men than women). However, the size of the gender an extensive computerized search of the PsycLIT and PsycINFO databases
gap would vary as a function of a culture's restrictiveness and the to find empirical studies in which the researchers examined gender differ-
norms for appropriate gender role behaviors. Our reading of Ar- ences in risk taking. Within this search, we crossed the keywords risk and
nett's model is that it would not necessarily predict negative effect risk taking with the keywords gender differences and sex differences using
the Boolean operator AND. Such an approach retrieved all articles pub-
sizes (i.e., more risk taking in women, using the conventional
lished between 1967 and 1994 that contained both of the crossed keywords
approach of subtracting the female mean from the male mean), but somewhere in the title, abstract, or subject identifier list. However, only 49
given the fact that some sensation seekers are women, negative of these articles involved a direct comparison of men and women (or boys
effect sizes would not be out of the question. and girls) on some risk-taking measure. The rest were of four types: (a)
In the same way, Wilson and Daly's (1985) sociobiological policy-oriented commentaries, (b) studies in which men and women were
model suggests that gender differences would not be found for all analyzed separately (no means were reported), (c) studies of risk percep-
contexts, but that it would be men who take more risks when tions, and (d) articles on the risk factors for various diseases (e.g., heart
370 BYRNES, MILLER, AND SCHAFER

disease). Note that we included all empirical articles that were character- In total, then, we ended up analyzing data from 150 (40%) of the 374
ized by their authors as involving risk taking (using either the broad or publications that we retrieved and read. The remaining 224 (60%) publi-
narrow definitions that we discussed earlier). We did so for two reasons. cations investigated risk taking but did not provide data on gender differ-
First, we favor the broad definition because we believe that risk taking ences. There were 135 published studies and 15 dissertations in the final
extends beyond the class of prototypical behaviors. Second, including both database. Collectively, these studies comprised a total N of over 100,000
types of risk taking allowed us to provide useful information to researchers participants.
in both camps (e.g., average effect sizes for both prototypical and less In most studies, more than one gender comparison was made. As a
prototypical types of risk taking). result, we were able to compute a total of 322 effects (M = 2.15 effects per
During the second step, we conducted another search on an updated and study). When a large number of comparisons were made in a given study
greatly expanded version of PsycINFO that became available to us shortly and all comparisons involved the same content (e.g., gender differences in
after the first step had been completed. The new version used a relevance- smoking rates for 22 countries), a single average effect size was computed
based approach that can be used instead of a Boolean approach. In the for that study. Effects were not averaged in a study when they pertained to
relevance-based approach, articles that contained both keywords (e.g., risk different contents (e.g., smoking rates and drinking rates). For each gender
comparison, we primarily computed Cohen's d in one of two ways: (a)
taking and gender differences) were given higher ranks than articles that
directly from the means and standard deviations if they were provided or
contained only one of these terms. However, articles with only one term
(b) indirectly, by converting parametric statistics (e.g., F or t) or chi-square
(e.g., just risk taking) were not excluded as they would be in a Boolean
statistics using standard conversion formulas (e.g., Rosenthal, 1994). Once
approach. Two new searches were conducted using the relevance method:
computed, each d was corrected for bias and weighted according to the
one in which the terms risk taking and gender differences were crossed, and
inverse of its variance using the approaches described by Hedges (1994)
another in which the terms risk taking and sex differences were crossed.
and Hedges and OUan (1985). In 9% of the cases (i.e., 30 effects), d had
Each of these searches generated a rank-ordered list of 250 articles pub-
to be estimated from a probability level (e.g., p < .05) or assigned to a
lished between 1967 and 1997 that contained the original 49 articles plus value of zero if the authors merely reported that no significant difference
many others (note: the system limited searches to 250 of the highest ranked was observed.
articles). The titles and abstracts of all 500 of these articles were scanned
to limit the selection to just those that were empirical studies. This process
yielded 66 articles that mentioned gender comparisons in their abstracts
Coding Studies According to Task and Content
and another 125 studies on risk taking that failed to indicate whether After the studies were retrieved, they were coded primarily according to
gender comparisons were made. All 191 of these articles were retrieved the type of task used by the researchers. Three types of tasks were
and read in the event that the latter examined gender differences but failed identified. In the first type (hypothetical choice), participants were asked to
to mention this fact in their abstracts. It turned out, however, that only the choose between two imaginary options (e.g., two fictitious gambles) or
articles that mentioned gender differences in the abstract actually made choose a level of risk that they would tolerate in a hypothetical situation
gender comparisons. (e.g., take a risk if they were 70% sure that things would work out).
In the third step, we conducted a search using the names of the authors Participants were not asked in these studies if they ever engaged in the
who were found during the first two steps. This was done because we found behaviors described. In addition, they did not have to experience the
that PsycINFO occasionally did not always place similar articles in the consequences of their choices. Hypothetical choice tasks (coded 1) were
same category. In addition, we searched the MEDLINE system to discover used in 23% of the published studies (n = 31) and 53% of the dissertations
epidemiological and other studies not indexed by PsycINFO. In each case, (n = 8).
the searches included articles that had dates ranging from 1967 to 1997. In the second type (self-reported behavior), participants reported how
The net result of the second and third steps was that 78 additional articles often they engaged in various risky behaviors (e.g., used drugs or had
were added to the 49 that were identified in the first step. unprotected sex). A sample item would be, "In the last 12 months, have you
During the fourth step, we entered the terms associated with specific had sex without a condom?" Hence, whereas hypothetical choice tasks
types of risky choices such as smoking, driving, and framing effects. In the involved questions of the form "How would you behave in this situation?"
case of framing, we located 103 studies conducted after 1981 (when self-report tasks involved questions of the form "How have you behaved in
Kahneman and Tversky originally identified the phenomenon). Although this situation?" Self-report tasks (coded 2) were used in 45% of the
none of these studies mentioned gender differences in their abstracts, we published studies (n = 61) and 33% of the dissertations (n = 5).
In the third type (observed behavior), participants were observed by
retrieved them anyway and found that 8 had conducted analyses of gender
researchers as they engaged in various activities that were judged by the
differences. The effects from the latter 8 studies were added to the data-
researchers to have some degree of risk (e.g., making a left turn in front of
base. Our search of other specific types of risk taking failed to locate
oncoming traffic). Observed behavior tasks (coded 3) were used in 33% of
additional studies that involved gender comparisons.
the published studies (n = 45) and 20% of the dissertations (n = 3).
In the fifth and final step, we conducted a computerized search of
After studies were coded with respect to the type of task used, they were
Dissertation Abstracts. This system, which only allows a Boolean ap-
next coded according to the content of the task. We created a content
proach of dissertations conducted after 1979, generated a list of 23 disser-
category within a particular task category if at least 10% of the effect sizes
tations that examined gender differences in risk taking. All 23 were pertained to that content. Contents that were composed of less than 10% of
requested through the interlibrary loan services of our university, but the effect sizes for a given task were placed into an other category. For
only 15 were sent by their home institutions. Recall that a Boolean search hypothetical choice studies, three content categories emerged: choice di-
only retrieves studies in which all of the requested terms are present in the lemma tasks (Kogan & Wallach, 1964), framing tasks (Tversky & Kah-
titles or abstracts. Given our primary interest in issues of context specificity neman, 1981), and other. Choice dilemma tasks (coded 1) consist of
and age trends, we did not request additional dissertations to check for the presenting participants with 12 scenarios (e.g., a man who is thinking about
possibility that some authors analyzed gender differences but failed to a risky medical procedure; a woman thinking about her career options;
indicate this fact in their abstracts. We leave that task to the interested etc.). After being given a certain amount of information about several
reader. For now, it is sufficient to note that the means that we report for options, participants are asked to state the minimum level of uncertainty
dissertations could be somewhat biased (i.e., probably too high given our that they would accept before the main character should choose the riskiest
experience with journal articles in which the nonreported comparisons option. An example item (from Kogan & Wallach, 1964, p. 257) is the
tended to yield very small effects). following:
RISK TAKING 371
Mr. B., a 45-year-old accountant, has recently been informed by his The riskiest options always entailed the possibility of negative conse-
physician that he has developed a severe heart ailment. The disease quences (e.g., being rejected in the case of making new friends, etc.)
would be sufficiently serious to force Mr. B. to change many of his For self-reported behavior studies, five content categories emerged:
strongest life habits—reducing his work load, drastically changing his drinking and drugs (coded 1), driving (coded 2), sexual activities (coded 3),
diet, giving up his favorite leisure-time pursuits. The physician sug- smoking (coded 4), and other (coded 5). As noted earlier, risk taking was
gests that a delicate medical operation could be attempted which, if assessed by asking participants if they ever (or frequently) engaged in such
successful, would completely relieve the heart condition. But its behaviors. Example items for the first four categories included (a) "Have
success could not be assured, and in fact, the operation might prove you ever smoked marijuana?"; (b) "Have you ever driven 20 miles per hour
fatal. Imagine that you are advising Mr. B. Listed below are several above the speed limit?"; (c) "Have you ever had sex without a condom?";
probabilities or odds that the operation will prove successful. Please and (d) "Do you currently smoke cigarettes?" The other category included
check the lowest probability that you would consider acceptable for items that referred to behaviors such as vandalism, boating in a storm, and
the operation to be performed: hitchhiking. Too few items focused on the latter topics to warrant the
Place a check here if you think Mr. B should not have the creation of additional categories. Some studies examined a single type of
operation no matter what the probability. behavior (e.g., use of condoms), whereas others examined a number of the
aforementioned behaviors using multi-item instruments that have under-
The chances are 9 in 10 that the operation will be a success.
gone reliability and validity assessments (e.g., Eysenck & Eysenck's, 1977,
The chances are 7 in 10 that the operation will be a success. Personality Questionnaire). In general, then, the self-reported-behavior
The chances are 5 in 10 that the operation will be a success. category mainly refers to behaviors that are either physically dangerous or
illegal.
The chances are 3 in 10 that the operation will be a success. For observed behavior studies, eight content categories emerged. The
The chances are 1 in 10 that the operation will be a success. category of informed guessing (coded 1) included tasks in which partici-
pants could earn points or money for correct guesses but could also lose
On this task, any respondent who consistently selects low probabilities points or money for incorrect guesses (e.g., standardized achievement tests
across the 12 scenarios (e.g., 3 in 10) is said to have a preference for risk that have penalties for incorrect guesses). The category of physical activity
taking. In contrast, the tendency to choose the highest odds of success (coded 2) included behaviors such as the following: climbing a steep
(e.g., 9 in 10) across the scenarios is taken to indicate a high level of embankment, playing in the street, trying out gymnastics equipment (e.g.,
conservatism. In a sense, then, the 12-item questionnaire that contains these a balance beam), and taking a ride on an animal (e.g., a donkey). In
scenarios (i.e., the Choice Dilemma Questionnaire or CDQ) is comparable essence, the actions were risky because of the possibility of physical harm.
to personality questionnaires in its assumption that risk taking is a trait-like The category of driving (coded 3) included actions such as making a left
disposition that would be expressed across many contexts. The CDQ was turn in front of oncoming traffic, gliding through a stop sign rather than
used in 18 (46%) of the studies that used a hypothetical choice task. coming to a complete stop, and engaging in simulated driving tasks on a
On framing tasks (coded 2), participants are also presented with a computer. For the real-life driving behaviors, the risks include damage to
hypothetical scenario such as the following from Tversky and Kahneman one's vehicle, physical injury, and traffic tickets. The category of physical
(1981): skills (coded 4) included such things as playing shuffleboard and tossing
rings onto pegs. In most cases, options differed in terms of their probability
Imagine that the U.S. is preparing for the outbreak of an unusual
of success (i.e., high, medium, and low) and the number of points that
Asian disease, which is expected to kill 600 people. Two alternative
could be won or lost (i.e., winning more points for success but losing more
programs to combat the disease have been proposed. Assume that the
points for failure on high-risk options). The category of gambling tasks
exact scientific estimates of the consequences of the program are as
(coded 5) was similar to the category of physical skills in terms of the
follows: If Program A is adopted, 200 people will be saved. If
varied risk/reward options. However, gambling tasks differed in the sense
Program B is adopted, there is a 1/3 probability that 600 will be saved
that a person's skill level had no bearing on the likelihood of success.
and a 2/3 probability that no people will be saved. Which of the two
Examples included spinning a roulette wheel and pulling cards from a
programs do you favor? (p. 453)
deck. The category of risky experiments (coded 6) involved an individual's
Half of the participants received the wording above, and half received a willingness to participate in an experiment that was described to them as
version in which the first three lines were the same but the two options involving the chance of physical or psychological harm. The category of
were stated as follows: "If Program C is adopted, 400 people will die. If intellectual risk taking (coded 7) involved tasks that required mathematical
Program D is adopted there is a 1/3 probability that nobody would die, and or spatial reasoning skills. Participants were presented with items of
a 2/3 probability that 600 people will die." Note that Option A is identical various levels of difficulty and asked to indicate their preferred level of
to Option C, and Option B is identical to Option D. Within each of the two choice. Unlike the tasks in the informed-guessing category, points were not
frames, there is a "sure thing" (e.g., Program A) contrasted with a risky subtracted for incorrect answers on the intellectual tasks. Thus, participants
option (e.g., Program B). The primary indication of risk taking on framing were mainly concerned about getting stuck on items or exposing their lack
tasks is the selection of the risky option. The tendency to choose the sure of skill when they fail. The final category of other (coded 8) included the
thing in the first frame is so pervasive that it has been taken to indicate a following behaviors that did not fit the other seven categories: entrepre-
basic aversion to risk taking in adults (Lopes, 1987). Framing tasks were neurial activities in a simulated classroom economy, lying about finding
used in 28% of the hypothetical choice studies. someone else's money, cheating during a computerized game, playing a
The other category (coded 3) for hypothetical choice tasks contained the game alone instead of teaming up, and administering an electric shock to
remaining 26% of measures that did not fit either the choice dilemma a confederate to increase his learning rate.
category or framing category. In all cases, participants were presented with Given our earlier arguments regarding the need to take into account
a scenario and shown two or more ways one could behave in that scenario. factors such as context and skill levels when risk-taking competence is
Some of the scenarios included (a) making friends in a new neighborhood assessed, we refined our coding of tasks in one additional way. In some
(Miller & Byrnes, 1997), (b) walking home from the woods (Morrongiello studies, participants pursued courses of action that were clearly not the best
& Bradley, 1997), (c) solving math problems (Foersterling, 1980), (d) way to proceed (i.e., they had better options available). In other studies,
donating an organ to a sick child (Lampert & Yassour, 1992), and (d) however, the measures of risk taking were more ambiguous. In other
planting different types of crops (Wilson, Daly, Gordon, & Pratt, 1996). words, one could not definitely say whether engaging in the risky action
372 BYRNES, MILLER, AND SCHAFER

was a good idea or not. Two judges rated the ambiguity of the measures we excluded the 12 effects that were estimated to be zero and
used in the 150 studies and agreed 93% of the time. Differences were found the identical mean of d = .13. Hence, it cannot be said that
resolved by discussion. The unambiguous measures (coded 1, n = 145 the estimated effects artificially deflated the overall mean. Next,
effects) included such things as unprotected sex with a stranger, regular we generated a histogram for the original 322 scores (including the
consumption of alcohol by a minor, drug use by a minor, smoking,
estimated effects) to consider the extent to which the distribution
speeding, drunk driving, criminal activities, and laboratory tasks that
deviated from the characteristic shape of a normal distribution.
involved controls for skill level and probabilities of payoffs. The ambig-
uous measures (coded 2, n = 111 effects) included choice dilemma tasks, Because we searched for articles using general terms (e.g., risk
framing tasks, making a left turn in front of traffic, trying alcohol once, taking) and specific terms (e.g., framing), we were concerned that
guessing on an objective examination, intellectual risk taking, entreprenur- there may be too many articles of one type that yielded too many
ial activities in a simulated classroom economy, lying about finding values in a given region (causing a spike). Inspection of the
money, and laboratory tasks that did not control for skill level or proba- histogram showed that the distribution had the characteristic nor-
bilities of payoff. mal shape in all regions except for the region corresponding to
values near zero. We trimmed 20 effects from that region (i.e.,
Additional Codes the 12 effects estimated to be zero and 8 others selected at random)
to create a more proportionate array. The resultant distribution
In addition to coding studies in terms of task and content, we coded them
generated a slightly higher mean of d = .14, but note that this
according to the age of the participants using the following scheme: (a)
below age 9, (b) ages 10-13, (c) ages 14-17 (high-school level), (d) ages value is still within the original 95% confidence interval of .12 to
18-21 (college level), and (e) ages 22 and older (noncollege adult). Studies .14. In the third analysis, we examined the possibility that the mean
were also coded with respect to their year of publication (i.e., 1964-1980 was unduly influenced by extreme scores. Here, we excluded all
vs. 1980-1997) and publication type (e.g., dissertation vs. journal article). effects whose values fell two standard deviations above or below
Table 1 provides the entire corpus of 150 studies that were used in the the mean (n = 30 effects). The resultant distribution for the
meta-analysis. As can be seen, we provide all effect sizes generated by a remaining 292 effects generated a mean of d = .13, so outliers did
given study as well as the corresponding codes for task, content, and age not appear to be biasing the mean in a particular direction. Overall,
(in parentheses). We used the convention that positive effect sizes corre-
then, the original mean ofd= .13 appears to be a reliable estimate
sponded to greater risk taking on the part of males. For hypothetical choice
studies, then, a positive effect size means that male participants were more
of the population value.
likely than female participants to choose the risky option presented in the
scenarios or accept a lower level of odds across scenarios. For self-report
studies, it means that male participants were more likely to say that they Partitioning Effects Into Homogeneous Subgroups
had engaged in behaviors such as reckless driving or unprotected sex. For Task, content, and age effects. Homogeneity analyses revealed
observation studies, it means that experimenters saw male participants
that there was significant heterogeneity around the grand mean of
engaging in risky behaviors more often than female participants.
d = .13, ^(313) = 2457.83, p < .00001. As a result, we con-
ducted several additional analyses to partition the studies into more
Results homogeneous subgroups using the factors of task, content, and
In what follows, we first describe the distribution of effects that age.
emerged from our meta-analysis, and then we consider whether the In the first analysis, we found that there was significant variation
size of the gender gap varied according to age, task, content, year associated with the task factor, ^(l) = 10.85, p < .01. The means
of publication, and publication type. and confidence intervals for the three types of tasks were (a)
hypothetical choice, d = .15 (.12 to .18); (b) self-reported behav-
ior, d = .12 (.11 to .13); and (c) observed behavior, d = .19 (.16
Distribution of Effect Sizes
to .22). Using the method of nonoverlapping confidence intervals
For descriptive purposes, it is useful to begin by subdividing the (Schafer, in press), we found that these results suggest that the only
distribution of effect sizes into successive intervals that capture significant contrast is between the means for self-reported behav-
20% of the scores (i.e., quintiles). The interval corresponding to ior and observed behavior. All three of the task means differed
the first quintile was found to be —1.23 to —.09 (indicating greater significantly from zero (smallest x2 = 65.79, p < .001).
risk taking on the part of female participants). The interval for the Further analyses revealed significant heterogeneity around each
second quintile was -.08 to .07 (indicating essentially no differ- of the task means as well. As a result, we attempted to create more
ence). The intervals for the third, fourth, and fifth quintiles were homogeneous subgroups with each task using the factor of content.
.08 to .27, .28 to .49, and .50 to 1.45, respectively (all indicating The means and confidence intervals for various contents are shown
greater risk taking on the part of male participants). Thus, the in Table 2. As can be seen, different contents produced different
majority (i.e., 60%) of the effects support the idea of greater risk means within each task. For hypothetical choice tasks, for exam-
taking on the part of males. In fact, nearly half (48%) were larger ple, two levels of gender differences are evident. The first level
than .20 (the conventional cutoff point for small effects). However, contains the relatively small gender differences generated by
a sizable minority (i.e., 40%) were either negative or close to zero. choice dilemma (d = .07) and framing tasks (d = .05). The means
Across all 322 effects, the weighted mean was found to be d = for these two tasks did not differ significantly, and only the mean
.13, with a 95% confidence interval of .12 to .14. This figure is for choice dilemma tasks was significantly greater than zero. The
significantly larger than zero, ^(l) = 659.02, p < .00001. To second level consists of tasks that did not fit choice dilemma or
check for the possibility that certain effects had an undue influence framing categories. The mean for this other category (d = .35)
on the overall mean, we conducted three additional analyses. First, differed significantly from the means for choice dilemma and
RISK TAKING 373

framing tasks. Recall that the scenarios in the other category asked Level 3 to Level 4, significant increase; Level 4 to Level 5,
participants how they would behave in situations that involved significant decrease.
such things as making friends in a new neighborhood, walking However, it is possible that this wave-like pattern simply re-
home from the woods, solving math problems, donating an organ flects a confounding of age and content. Note that children un-
to a sick child, and planting different types of crops. der 10 were not asked about their driving or sexual practices.
For self-reported behavior, three levels of gender differences Similarly, participants older than 10 were not asked if they would
can be observed. The first level is composed of the mean for like to play on exercise equipment, and so on. Overall, 64% of the
smoking (d = —.02), which was significantly smaller than all possible combinations of age, content, and task emerged in our
other means. The next level consists of the means for drinking and database (see Table 3). To consider whether the age trends simply
drug use (d = .04) and sexual activities (d = .07). The third level reflect content effects, we conducted a weighted least squares
consists of the means for driving (d = .29) and other (d = .38). regression analysis as suggested by Hedges and Olkin (1985, pp.
The latter two means were significantly larger than the means for 173-174). More specifically, we first separated the effects by task,
sexual activities and drinking and drug use. Earlier, we noted that then entered the dummy codes for the various contents in the first
the other category included multi-item scales that referred to most step of a hierarchical regression. In other words, we conducted
of the contents listed under self-reported behaviors (e.g., items for four separate regressions, one for each type of task (because
drinking, smoking, and reckless driving, all on the same scale). contents differed across tasks). On the second and third steps of
Individuals who engage in more than one of these behaviors would each of these regressions, we entered the dummy codes for the age
get higher scores than individuals who engage in few of these groups and then the Age X Content interaction terms, respectively.
activities. The other category also included scores from ambiguous For both self-reported behaviors and observed behaviors, the vari-
single items with general wording (e.g., "I often take risks"), as ation accounted for by age remained after controlling for content,
well as items addressing such things as shoplifting, vandalism, X* = 185.35 and 9.83, respectively. In addition, however, the
career changes, and dangerous activities for young children (e.g., Age X Content interaction terms for all three tasks explained
running into the street, standing on chairs, etc.). significant variation in the effect sizes even after controlling for
For observed behaviors, distinct levels of gender differences content and age. These results show that the initial findings for age
failed to emerge because most confidence intervals overlapped to were not simply the result of a confounding of age and content. A
a certain extent. Nevertheless, there are seven contrasts in Table 2 more accurate interpretation is to say that different contents pro-
that correspond to significant mean differences. In brief, these duced different patterns of age-related change (see Table 3).
contrasts amount to the differences between two of the largest Whereas some contents produced an increase in the gender gap in
means (i.e., physical skills and intellectual risk taking) and three of college followed by a decrease (e.g., drinking and drugs, smoking),
the four smallest means (i.e., physical activity, driving, and in- others produced monotonic increases or decreases in the size of the
formed guessing). In addition, the difference between physical gender gap (e.g., choice dilemma, driving, sexual activities). In
skills and other was also significant. The other category included any event, there was no one pattern of age trends that was true for
the following behaviors: lying about finding a lost coin, teacher all contents.
ratings of entrepreneurial activities in a simulated economy, com- As for the factor of ambiguity, the means and confidence inter-
peting against two individuals in a coalition game, cheating to earn vals for the unambiguous and ambiguous measures of risk taking
points, providing an electric shock to a confederate to produce were d = .12 (.13 to .15) and d = .16 (.14 to .18), respectively.
faster learning of a rule, and choosing a person to date from a set Both means differed significantly from zero, but they did not differ
of pictures. from each other.
As for age effects, heterogeneity analyses revealed considerable Year of publication and publication type. To determine
variation in the size of d for the different age groups, ^(4) whether the gender gap in risk taking has grown smaller over time,
= 34.69, p < .001. The weighted means and 95% confidence we formed two groups of studies: (a) those conducted between
intervals (in parentheses) for these groups were as follows: (a) 1964 and 1980 (n = 83 effects) and (b) those conducted between
ages 3 to 9, d = .19 (.14 to .24); (b) ages 10 to 13, d = .26 (.21 1981 and 1997 (n = 235 effects). These intervals were selected to
to .31); (c) ages 14 to 17, d = .11 (.09 to .13); (d) ages 18 to 21, divide the total span of 34 years into two periods of 17 years each.
d = .24 (.22 to .26); and (e) older than 21, d = .05 (.03 to .07). The means and confidence intervals for these two periods were
Using the method of nonoverlapping confidence intervals, we d = .20 (.17 to .23) and d = .13 (.12 to .14), respectively. The
found that the gender gap for the oldest age group is significantly difference between these means was significant, so the gender gap
smaller than the gender gap for high-school students, which, in appears to be growing smaller over time.
turn, is significantly smaller than the gaps for children, preadoles- To determine whether effect sizes covaried with the type of
cents, and college students. The means for these latter three groups publication, we created four categories. The first category con-
do not differ. Moreover, as indicated by the fact that none of the tained 14 studies from top-tier journals that have both a general
confidence intervals include zero, all of the means differed signif- focus and high standards of admission (e.g., an 80% rejection rate):
icantly from zero (smallest x2 = 34.16, p < .001). Considered as Developmental Psychology, Merrill-Palmer Quarterly, Child De-
a whole, then, the results for age factor revealed the following velopment, Journal of Personality and Social Psychology, and
wave-like pattern in the relative size of the gender gap: Level 1 to American Journal of Public Health. The second category con-
Level 2, no change; Level 2 to Level 3, significant decrease; tained 98 studies from a large number of second-tier journals (e.g.,
374 BYRNES, MILLER, AND SCHAFER

Table 1
Studies Used in the Meta-Analysis

Study ds (nmaf, "female, task, content, age) Study <k ("male, "female- &&< Content, age)

Aharoni (1986) -.13 (54, 50, 1, 3, 1) Eysenck & Eysenck (1977) .38 (709, 1398, 2, 5, 5)
.12 (54, 50, 3, 2, 1) Fagley & Miller (1990) -.42 (45, 51, 1, 2, 4)
Anderson & Mathieu (1995) -.57 (72, 48, 2, 3, 4) -.22 (45, 51, 1, 2, 4)
Anderson & Mathieu (1996) .02 (316, 165, 2, 3, 4) -.18 (45, 51, 1, 2, 4)
Arenson (1978) .00 (57, 57, 3, 5, 1) -.12 (45, 51, 1, 2, 4)
Arnett & Jensen (1994) -.21 (108, 125, 2, 4, 3) .00 (45, 51, 1, 2, 4)
-.05 (108, 125, 2, 1, 3) .00 (40, 54, 1, 2, 4)
.11 (108, 125,2, 3, 3) .13 (40, 54, 1, 2, 4)
.33 (108, 125, 2, 2, 3) .31 (40, 54, 1, 2, 4)
.60 (108, 125, 2, 5, 3) .49 (40, 54, 1, 2, 4)
Bachman et al. (1991) .02 (8500, 8500, 2, 1, 3) .49 (40, 54, 1, 2, 4)
Barnes & Olson (1977) .23 (150, 150, 2, 5, 3) Farrington & Kidd (1977) -.21 (49, 35, 3, 8, 5)
Barrett (1980) .04 (419, 400, 2, 3, 4) Finney (1984) .00 (6, 8, 3, 6, 4)
Beutell & Brenner (1986) .43 (118, 84, 2,5,4) .66 (33, 51, 3, 6, 4)
Bevier (1993) -.24(12, 11, 1, 1,2) Flaherty & Arenson (1978) 1.11 (131,82,2,5,4)
Block & Keller (1995) .00 (192, 32, 1, 2, 5) .02 (28, 40, 2, 5, 3)
Bofinger (1984) .26 (93, 74, 1, 1, 5) .15 (28, 40, 2, 1, 3)
.43 (93, 74, 1, 3, 5) .03 (28, 40, 2, 2, 3)
.28 (93, 74, 1, 3, 5) .43 (28, 40, 2, 5, 3)
Bonnelle (1995) .18 (55, 101, 2, 1, 4) .18 (28, 40, 2, 3, 3)
.65 (55, 101, 2, 3, 4) Flisher & Chalton (1995) .15 (28, 40, 3, 1, 3)
.75 (55, 101, 2, 2, 4) .03 (28, 40, 3, 2, 3)
.55 (55, 101, 2, 5, 4) .18 (28, 40, 3, 3, 3)
Booth (1995) -.05 (398, 195, 2, 3, 5) .02 (28, 40, 3, 5, 3)
-.24 (398, 195, 2, 3, 5) .43 (28, 40, 3, 5, 3)
Boverie et al. (1994) .52 (61, 41, 2, 5, 4) Foersterling (1980) .15 (60, 60, 1, 3, 3)
Bradley et al. (1972) .34 (44, 63, 3, 7, 4) .21 (60, 60, 1, 3, 3)
Breakwell et al. (1991) .24 (240, 331, 2, 5, 4) .37 (60, 60, 1, 3, 3)
Campbell et al. (1992) .08 (124, 131, 2, 3, 4) .49 (60, 60, 1, 3, 3)
Carlson & Cooper (1974) .62 (20, 14, 3, 3, 5) .67 (60, 60, 1, 3, 3)
.92 (20, 14, 3, 3, 5) Freeman et al. (1994) -.03 (507, 151, 2, 3, 5)
Cassell (1992) .19 (154, 341, 1, 1, 5) .38 (239, 74, 2, 3, 5)
Catania et al. (1994) .04 (198, 261, 2, 3, 5) -.19 (268, 77, 2, 3, 5)
Catania et al. (1995) .03 (171, 195, 2, 3, 5) Furnham & Saipe (1993) .85 (41, 29, 2, 2, 5)
Cecil (1972) .00(119, 115, 1, 1,4) Gallois et al. (1992) .01 (77, 74, 2, 3, 5)
Chapman et al. (1980) -.17 (297, 339, 3, 2, 2) Gibbons & Gerrard (1995) -.17 (303, 376, 2, 3, 4)
.02 (1022, 680, 3, 2, 1) .00 (303, 376, 2, 4, 4)
.03 (170, 151, 3, 2, 3) .06 (303, 376, 2, 1, 4)
.19 (138, 132, 3, 2, 2) .48 (303, 376, 2, 2, 4)
.33 (145, 65, 3, 2, 3) Gibbons et al. (1995) .79 (72, 154, 1, 3, 3)
.35 (653, 468, 3, 2, 1) .65 (218, 214, 1, 3, 3)
Choi & Catania (1996) -.13 (1167, 1063,2, 3,5) Ginsburg & Miller (1982) .54 (152, 89, 3, 2, 1)
-.35 (792, 745, 2, 3, 5) .86 (58, 25, 3, 2, 1)
Chusmir & Koberg (1986) .33 (96, 59, 2, 5, 5) .89 (67, 28, 3, 2, 1)
Clifford et al. (1989) .08 (84, 116, 3,7, 1) 1.07 (45, 16, 3, 2, 1)
Clifford et al. (1990) .14 (46, 49, 3, 7, 1) Grupp et al. (1971) .11 (456,849,2,5,5)
.53 (48, 52, 3, 7, 2) Hayes (1973) .07 (30, 30, 3, 5, 1)
.83 (54, 52, 3, 7, 2) Heilizer & Cutter (1971) .43 (84, 60, 3, 1, 4)
Cochran et al. (1991) -.20 (91, 97, 2, 3, 4) .45 (27, 27, 3, 1, 4)
-.16 (28, 44, 2, 3, 4) .66 (27, 27, 3, 5, 4)
Cochran & Peplau (1991) .22 (97, 91, 4, 3, 4) .77 (84, 60, 3, 5, 4)
.25 (91, 97, 4, 3, 4) Hudgens & Fatkin (1985) -.78 (18, 18, 3, 3, 5)
.66 (91, 97, 4, 3, 4) 1.00 (9, 9, 3, 3, 5)
Coet & McDermott (1979) .34 (52, 48, 1, 1, 4) Ingersoll et al. (1993) -.22 (704, 672, 2, 5, 3)
.51 (52, 48, 1, 1, 4) -.10 (704, 672, 2, 4, 3)
Cooper et al. (1994) .14 (616, 560, 2, 3, 3) .00 (704, 672, 2, 1, 3)
Cvetkovich (1972) .63 (40, 30, 3, 5, 4) .02 (704, 672, 2, 1, 3)
Dahlback (1991) .08 (77, 86, 2, 5, 5) .03 (704, 672, 2, 1, 3)
Deldin & Levin (1986) .00 (12, 12, 1, 2, 4) .06 (704, 672, 2, 2, 3)
Dolcini & Adler (1994) -.19 (88, 95, 2, 4, 2) .10 (704, 672, 2, 5, 3)
-.04 (88, 95, 2, 1, 2) .63 (704, 672, 2, 3, 3)
.60 (88, 95, 2, 3, 2) Ingersoll & Orr (1989) .23 (754, 754, 2, 3, 3)
Dwyer et al. (1994) -.15 (904, 329, 2, 1, 5) Irwin & Tolkmitt (1968) .00 (20, 20, 3, 5, 4)
-.15 (904, 329, 2, 3, 5)
Ebbeson & Haney (1973) .29 (278, 186, 3, 3, 5)
RISK TAKING 375

Table 1 (continued)

Study rfs
("male, "female, task. Content, age) Study * ("mate, "female, ^k, Content, age)

Jackson & Gray (1976) -.09 (142, 95, 3, 3, 5) .36 (55, 60, 1, 3, 2)
-.04(142, 95, 3, 3,5) .37 (55, 60, 1, 3, 2)
.22 (142, 95, 3, 3, 5) .55 (55, 60, 1, 3, 2)
.03 (142, 95, 3, 3, 5) .84 (55, 60, 1, 3, 2)
Jamieson (1969) .33 (42, 42, 3, 5, 2) Miller & Fagley (1991) .00 (50, 44, 1, 2, 4)
lessor et al. (1995) .14 (639, 847, 2, 5, 3) Miller & Hoffman (1995) .58 (1204, 1204, 2, 5, 5)
Karabenick & Addy (1979) .54 (40, 40, 3, 4, 4) Mindock (1972) -.11 (9, 9, 3, 5,4)
Kass (1964) .80 (21, 21, 3, 5, 1) Minton & Miller (1970) .07 (26, 26, 1, 1, 4)
Kelling et al. (1976) -.16 (57, 85, 1, 1, 3) Montgomery & Landers (1974) .07 (33, 33, 3, 5, 1)
.18 (57, 85, 1, 1, 3) .07 (33, 33, 3, 5, 1)
Kogan & Dorros (1978) -.15 (80, 80, 1, 1, 4) .07 (33, 33, 3, 5, 1)
-.10 (80, 80, 1, 1, 4) Moore & Erickson (1985) .20 (202, 391, 2, 3, 4)
-.09 (80, 80, 1, 1, 4) Moore & Rosenthal (1991) .30 (263, 674, 2, 3, 4)
.00 (80, 80, 1, , 4) Moore & Rosenthal (1992) .00(71, 118,2, 3,4)
.12 (80, 80, 1, , 4) .53 (71, 118, 2,2,4)
.14 (80, 80, 1, , 4) .00(71, 118,2,4,4)
.20 (80, 80, 1, , 4) Morrongiello & Bradley (1997) .47 (20, 20, 1, 3, 1)
.23 (80, 80, 1, , 4) .32 (20, 20, 1, 3, 2)
.33 (80, 80, 1, , 4) Muldrow & Bayton (1979) .95 (100, 100, 1, 1, 5)
.33 (80, 80, 1, , 4) Neale & Bazerman (1985) .00 (50, 50, 1, 2, 5)
Kogan & Wallach (1964) .02(114, 103, 1, 1,4) Ottomanelli (1993) -.01 (97, 69, 2, 1, 5)
-.05 (114, 103, 3, 5,4) -.17 (97, 69, 2, 3, 5)
-.59(114, 103, 3, 1,4) Parra (1988) .18 (30, 30, 3, 8, 4)
Kohler (1996) .57 (52, 48, 2, 5, 4) Poppen (1994) .00(105, 110,2,3,4)
Kopfstein (1973) -.90 (30, 30, 3, 5, 1) Poppen (1995) .30 (74, 125, 2, 3, 4)
-.14 (30, 30, 3, 5, 1) Potts et al. (1994) .98 (24, 26, 2, 5, 1)
Kourilsky & Campbell (1984) .10 (417, 392, 3, 8, 1) Potts et al. (1995) .74 (39, 44, 2, 5, 1)
Kreitler & Zigler (1990) -.05 (30, 30, 3, 4, 1) .88 (39, 44, 2, 5, 1)
.17 (30, 30, 3, 4, 2) Reardon (1981) -.49(108, 118, 1, 1, 3)
Krishna (1981) -.30 (100, 100, 1, 1, 3) Reddon et al. (1996) -.09 (28, 39, 2, 5, 3)
Lamm (1979) -.45 (24, 24, 3, 5, 3) -.05 (50, 16, 2, 5, 3)
-.07 (24, 24, 3, 5, 2) Roberts (1975) .45 (101, 134, 3, 4, 4)
Lampert & Yassour (1992) -.24 (181, 189, 1, 3, 5) Rotheram-Borus et al. (1992) .10 (77, 83, 2, 3, 3)
.30 (181, 184, 1, 3, 5) Rothman et al. (1993) .59 (104, 89, 1, 2, 4)
Leigh et al. (1993) -.09 (646, 767, 2, 3, 5) Rowe (1991) .87 (99, 140, 2, 5, 3)
Lettman (1981) .27 (49, 61, 1, 3, 4) Rudolph (1996) .11 (906, 880,2,4, 3)
Levin & Chapman (1993) .00 (90, 104, 1, 2, 4) .17 (906, 880, 2, 5, 3)
Levin et al. (1988) .10 (50, 60, 1, 2, 4) .43 (906, 880, 2, 2, 3)
.38 (50, 60, 1, 2, 4) -.04 (906, 880, 2, 2, 3)
Lupfer et al. (1971) .31 (380, 303, 3, 5, 3) .54 (906, 880, 2, 5, 3)
Martinez (1995) -.39 (46, 44, 1, 1, 4) Rutte et al. (1987) .00 (33, 33, 1, 2, 4)
-.35 (46, 44, 1, 1, 4) Sadava & Forsyth (1976) .42 (72, 72, 1, 1, 4)
.20 (46, 44, 1, 1, 4) .56 (72, 72, 1, 1, 4)
.73 (46, 44, 1, 1, 4) Scherer (1987) .94 (195, 142, 2, 5, 4)
Martuza (1970) -.11 (68,92,3, 1,3) Schilling et al. (1991) .25 (135, 109, 2, 3, 5)
McCormack et al. (1993) .41 (87, 65, 4, 3, 4) .10 (135, 109, 2, 3, 5)
.49 (76, 57, 2, 3, 4) Schwartz (1983) -.14 (86, 94, 1, 1, 4)
.04 (76, 57, 2, 3, 4) Seeborg et al. (1980) -.55 (51, 42, 1, 1, 4)
McDonald (1976) .37 (28, 30, 1, 1, 4) -.41 (51, 42, 1, 1, 4)
McGaffney (1976) .27 (28, 44, 3, 8, 4) -38 (51,42, 1, 1,4)
McKelvie & Schamer (1988) .03 (186, 123, 3, 3, 5) -.36 (51, 42, 1, 1, 4)
.05 (174, 117, 3, 3, 5) -.20 (51, 42, 1, 1, 4)
Michaels & Getting (1979) .29 (75, 75, 3, 6, 4) -.14 (51, 42, 1, 1, 4)
.43 (75, 75, 3, 6, 4) -.02(51,42, 1, 1,4)
Miller (1987) .45 (58, 54, 1, 3, 3) .00 (51, 42, 1, 1, 4)
Miller & Byrnes (1997) .49 (33, 32, 3, 4, 2) .02 (51, 42, 1, 1, 4)
.77 (32, 34, 3, 4, 2) .16 (51,42, 1, 1,4)
.24 (33, 32, 3, 5, 2) .21 (51, 42, 1, 1, 4)
.26 (33, 32, 3, 5, 2) .36 (51, 42, 1, 1, 4)
.48 (32, 34, 3, 5, 2) Shaw et al. (1992) .67 (678, 673, 2, 2, 4)
1.17 (32, 34, 3, 5, 2) .30 (678, 673, 2, 2, 4)
.66 (33, 32, 3, 7, 2) .64 (678, 673, 2, 5, 4)
.71 (32, 34, 3, 7, 2) .17 (678, 673, 2, 1, 4)
.10 (55, 60, 1, 3, 2) .21 (678, 673, 2, 1, 4)
.19 (55, 60, 1, 3, 2)
(table continues)
376 BYRNES, MILLER, AND SCHAFER

Table 1 (continued)

Study rfs (nmale, nfemal(!, task, content, age) Study ds (nmale, nfema!e, task, content, age)

.20 (678, 673, 2, 1, 4) Tinsley et al. (1995) -.19(139, 147, 2,4, 3)


.24 (678, 673, 2, 3, 4) -.10 (139, 147, 2, 1, 3)
.43 (678, 673, 2, 3, 4) -.08 (139, 147, 2, 2, 3)
.29 (678, 673, 2, 5, 4) Touhey (1971) .06 (40, 40, 1, 1, 4)
.37 (678, 673, 2, 2, 4) Traub & Hambleton (1972) .37 (505, 493, 3, 1, 2)
Sheer & Cline (1995) .49 (124, 141, 2, 3, 4) .58 (495, 487, 3, 1, 2)
.46 (122, 138, 2, 5, 4) Trocki (1992) -.03 (292, 326, 2, 3, 5)
Sitkin & Weingart (1995) .00 (38, 25, 1, 2, 4) Walesa (1975) .00 (18, 18, 3, 5, 2)
Sivak et al. (1989) .42 (90, 90, 3, 3, 5) .00 (18, 18, 3, 5, 2)
.57 (90, 90, 3, 3, 5) .58 (18, 18, 3, 5, 1)
Slakter (1967) .52 (21,31, 3, 1,4) Ward et al. (1988) -.25 (30, 30, 3, 8, 4)
.59 (21, 31, 3, 1, 4) .35 (30, 30, 3, 8, 4)
Slakter (1969) -.17 (380, 297, 3, 1, 2) Warren & Simpson (1980) .18 (7673, 1320, 3, 3, 5)
Slakter et al. (1971) .08 (522, 548, 3, 1, 3) Wayment et al. (1993) -.43 (50, 50, 2, 1, 5)
.11 (600, 691, 3, 1,4) West et al. (1996) .22 (559, 373, 2, 2, 4)
Slovic (1966) -.09 (89, 50, 3, 5, 1) .33 (559, 373, 2, 2, 4)
.11(110,40,3,5,2) .02 (559, 373, 2, 2, 4)
.13 (117,42, 3, 5, 2) .30 (559, 373, 2, 2, 4)
.21 (94, 86, 3, 5, 1) White & Johnson (1988) -1.23 (34, 31, 2, 3, 3)
.33 (108, 46, 3, 5, 2) -.96 (151, 155, 2, 3, 3)
.27 (173, 49, 3, 5, 3) -.77 (182, 174, 2, 3, 4)
Snyder (1984) .24 (44, 49, 3, 5, 3) Williams (1973) -.36 (201, 185, 2, 4, 3)
.32 (44, 49, 3, 5, 3) Wilson et al. (1996) .44 (70, 127, 1, 3, 4)
Sorrentino et al. (1992) .49 (48, 92, 3, 4, 4) .53 (36, 68, 1, 3, 4)
Spears et al. (1992) .32 (124, 190, 1, 3, 4) Wyatt (1988) -.29 (73, 129, 1, 2, 4)
Speltz et al. (1990) .31 (129, 124, 2, 5, 1) -.15 (73, 129, 1, 2, 4)
Stanford et al. (1996) .08 (156, 147, 2, 1, 3) -.11 (73, 129, 1,2,4)
.49 (88, 178, 2, 1, 4) -.08 (73, 129, 1, 2, 4)
.23 (156, 147, 2, 2, 3) -.06 (73, 129, 1, 2, 4)
.61 (88, 178, 2, 2, 4) -.03 (73, 129, 1, 2, 4)
.38 (156, 147, 2, 2, 3) .44 (73, 129, 1, 2, 4)
.54 (88, 178, 2, 2, 4) Yesmont (1992) .41 (94, 159, 2, 3, 4)
Stapp (1986) -.08 (124, 211,2,5,5) .79 (94, 159, 2, 3, 4)
Starrett (1983) .19(19,46, 2, 5,4) .87 (94, 159, 2, 3, 4)
.33 (26, 27, 2, 5, 2) Yinon et al. (1975) 1.45 (40, 29, 3, 8, 4)
.60 (17, 28, 2, 5, 3) Zeff et al. (1994) -.15 (26, 19, 2, 5, 5)
Steptoe et al. (1995) .01 (7109, 9015, 2, 4, 5) Zuckerman et al. (1990) -.27 (422, 649, 2, 4, 4)
Struckman-Johnson & .43 (53, 54, 1, 3, 4)
Struckman-Johnson (1996)

Note. The codes for task, content, and age are explained in the text.

Journal of Drug Issues, Adolescence) that have a more specific odological rigor and the need to appeal to a broad audience).
focus (e.g., just articles on drug abuse, just articles on adolescents, However, it is important to qualify this interpretation in two ways.
etc.) and sometimes a higher acceptance rate than the top-tier First, it should be recalled that the mean for dissertations might be
journals. The third category included 26 studies that were pub- somewhat inflated because of the Boolean search process used by
lished in books or journals that have lower standards for admission the computerized system for dissertations. Second, journals and
than the journals in the first two tiers (i.e., Psychological Reports, contents were often confounded. In fact, data points were missing
Journal of Psychology, Journal of General Psychology, Percep- for 28% of the possible combinations of journal, task, and topic.
tual and Motor Skills, Research Quarterly). The fourth category As a result, we ran four additional analyses (one for each task) in
contained the 15 dissertation studies. which we examined the role of journal quality after controlling for
The means and confidence intervals for these four categories content. These analyses showed that journal quality still accounted
were as follows: (a) top-tier outlets, d = .03 (.01 to .05); (b) for significant variation in the effect sizes after content was con-
second-tier outlets, d = .16 (.15 to .17); (c) third-tier outlets, d = trolled. However, the Quality X Content interaction terms were
.12 (.09 to .15); and (d) dissertations, d = .25 (.21 to .29). The often significant as well. Hence, it is more accurate to say that
effect sizes from top-tier outlets were significantly smaller than the certain journals (e.g., Journal of Drug Education) seem to be more
effect sizes from all other outlets. In addition, the effect sizes from interested in publishing gender differences on certain topics (e.g.,
second- and third-tier outlets were significantly smaller than the alcohol use) than other journals (e.g., Journal of Personality and
effect sizes from dissertations. Thus, effect sizes seem to get Social Psychology). These contents, in turn, produced relatively
smaller as higher standards for admission are imposed (i.e., meth- larger or smaller gender differences.
RISK TAKING 377

Table 2 taking. In what follows, we summarize and interpret our findings


Mean Effect Sizes by Task and Content Within Task in light of these issues.

Task M 95% confidence interval N effects


Overview of the Main Findings
Hypothetical choice
Choice dilemma .07* .05 to .12 44 At a general level, our results clearly support the idea that male
Framing .05 -.02 to .12 27 participants are more likely to take risks than female participants.
Other .35* .29 to .41 25 In nearly every case, the mean effect size for a given type of risk
Self-reported behavior
Smoking -.02 -.05 to .01 10 taking was significantly greater than zero (see Table 2), and almost
Drinking/drug use .04* .02 to .06 19 half of the effects (i.e., 48%) were larger than .20 (i.e., the
Sexual activities .07* .05 to .10 47 conventional cutoff for small effects). However, a more qualified
Driving .29* .26 to .32 21 interpretation of our results is to say that gender differences varied
Other .38* .35 to .41 35
Observed behavior according to context and age level. As shown in Table 3, certain
Physical activity .16* .10 to .22 11 topics were associated with nontrivial gender differences that
Driving .17* .12 to .22 14 seemed to increase with age (e.g., driving), whereas others were
Informed guessing .18* .13 to .23 11 associated with considerably smaller gender differences at most
Gambling .21* .14 to .28 33 ages (e.g., smoking), or associated with shifts from positive to
Risky experiment .41* .21 to .61 4
Intellectual risk taking .40* .25 to .55 7 negative effects as children grow older (e.g., sexual activities).
Physical skills .43* .28 to .58 7 Thus, if risk taking is, in fact, "an attribute of the masculine
Other .15* .04 to .26 7 psychology" as Wilson and Daly (1985, p. 61) suggest, it does not
seem to manifest itself in a simple or constant way across ages or
Note. The asterisk indicates that the mean differs significantly from zero.
The content labels are explained in the text. contexts.
Of course, one could argue that the variability evident in Ta-
bles 2 and 3 is largely due to the fact that we adopted an extremely
broad definition of risk taking. In other words, by including both
Discussion
prototypical and nonprototypical types of risk taking in our meta-
In the present article, we had two primary aims: (a) to determine analysis, we artificially increased our chances of finding signifi-
the average effect size for gender differences in risk taking and (b) cant fluctuations in the size of the gender gap. Note, however, that
to reveal the extent to which gender differences vary according to there is considerable variation in the size of the gender gap across
context and age level. We pursued the first aim to bring order to a age levels and topics even within the category of prototypical risk
diverse and widely scattered literature. We pursued the latter to test taking (see Table 3). Thus, whereas we agree that our results and
the explanatory adequacy of several contemporary theories of risk conclusions largely reflect our preferred definition of risk taking,

Table 3
Age X Content Interaction Means

Age level

Task 1 2 3 4 5 Sig. contrasts

Hypothetical choice
Choice dilemma n/d -.24 -.24* .07* .38* 5>4>3
Framing n/d n/d n/d .06 .00
Other .03 .39* .53* .42* .13* 3>5
Self-reported behavior
Drinking/drugs n/d -.04 .02 .17* -.15* 4 >3 >5
Driving n/d n/d .16* .37* .85* 4,5 > 3
Sexual activities n/d .60* .22* .18* -.11* 2>3 = 4>5
Smoking n/d -.19 -.04 -.15* .01 4>3, 5
Other .55* .33 .27* .52* .29* 1 >3;4>5
Observed behavior
Informed guessing n/d .31* .06 .09 n/d 2>3, 4
Physical activity .22* -.06 .14 n/d n/d 1 >2
Driving n/d n/d n/d n/d .17*
Physical skills -.05 .48* n/d .48* n/d
Gambling .03 .27* .27* .31* n/d
Risky experiments n/d n/d n/d .41* n/d
Intellectual risk taking .10 .68* n/d .34 n/d 2> 1
Other .10 n/d n/d .38* -.21

Note. Sig. contrasts means significant contrasts (i.e., the confidence intervals for the compared age-level means
do not overlap). The asterisk indicates that the mean is significantly larger than zero, n/d stands for no data (i.e.,
gender-difference studies for that topic and age range could not be located). Age levels are defined in the text.
378 BYRNES, MILLER, AND SCHAFER

other definitions would not necessarily undermine our basic find- people who take risks and people who avoid risks (e.g., Zucker-
ings. One of the reasons for supplying raw data in a meta-analysis man, 1991). The second category consists of theories that are
(Table 1) is to give researchers who hold differing perspectives the equipped to explain the differences between situations that pro-
opportunity to reorganize, truncate, or elaborate the data in ways mote risk taking (in most people) and situations that promote risk
that might yield alternative interpretations. aversion (e.g., Kahneman & Tversky, 1979). The third category
One further benefit of using the broad definition is that it helped consists of theories that are equipped to explain both types of
us reveal two additional findings that might have been missed had differences (i.e., they could explain why only certain people take
we limited our analysis to just prototypical forms of risk taking. risks in certain situations).
The first is an apparent lack of discernment on the part of men and After categorizing theories in this way, the next step is to
boys. In one of our analyses, we showed that males took more risks consider the patterns of gender differences that could be explained
even when it was clear that it was a bad idea to take a risk. The by the theories in each group. Whereas Category 1 theories could
same analysis revealed the opposite was true for women and girls; explain a pervasive pattern of gender differences across contexts,
that is, they seemed to be disinclined to take risks even in fairly Category 2 theories could not. Similarly, whereas Category 3
innocuous situations or when it was a good idea to take a risk (e.g., theories could explain a pattern of variable gender differences
intellectual risk taking on practice SATs). Whereas the former across contexts, theories in the other two categories could not.
finding suggests that men and boys would tend to encounter failure Given that we found the variable pattern, it seems reasonable to
or other negative consequences more often than women and girls, assert that Category 3 theories demonstrate greater explanatory
the latter finding suggests that women and girls would tend to adequacy than the theories in Categories 1 and 2. However, we
experience success less often than they should. In our view, both need to add that some of the theories in Category 3 (e.g., Wilson
of these trends are a matter of concern. & Daly's [1985] competition model) are not equipped to explain
However, as we noted earlier, the issue of concern is very much two of our findings: (a) 20% of the effects were negative and (b)
a function of the validity of the measures used (i.e., a gender some of the means in Table 3 were negative and significantly
difference on a valid and widely accepted measure would tend to larger than zero. Hence, our results suggest that these theories need
generate more concern than a difference on an ambiguous or to be revised as well.
controversial measure) as well as the consequences that could arise Of course, to say that certain theories are equipped to handle our
from the risky behaviors in question. Some would argue, for results is not to say that any one of these theories receives direct
example, that policymakers and researchers should be more con- confirmation by our results. The authors of the studies in Table 1
cerned about a gender difference in an actual, dangerous behavior were generally not interested in providing support for specific
(e.g., reckless driving) than a gender difference in hypothetical theories, so they did not provide the kind of data needed to show
choices. It is interesting that the means for certain observed be- that one theory provides a better explanation than another. For
haviors were considerably larger than the means for certain hypo- example, they did not use measures tapping the core theoretical
thetical choices. These findings suggest that gender differences constructs of more than one theory. As such, all one could do is
may be more likely to emerge when people have to actually carry describe in a post hoc manner how different theories would explain
out a risky behavior than when they have to simply consider the the results. For the sake of brevity, we leave that task to the
pros and cons of two options. If so, then the processes involved in interested reader.
the translation of cognitions to behavior (e.g., fear responses) may There is, however, one additional aspect of our results that may
explain gender differences in risk taking more adequately than the ultimately determine the adequacy of specific accounts. We found
cognitive processes involved in the reflective evaluation of op- that some contents produced similar gender differences at different
tions. This possibility requires further study. ages, whereas others produced developmental increases or de-
Another point to make is that whereas the overall mean of d = creases in the size of the gender gap. Not all of the theories in
.13 would be labeled small in some statistical circles (e.g., Cohen, Category 3 could explain cyclical developmental trends such as
1992), it conveys a different message when it is converted into a these. Hence, we argue that the age results narrow the field further
Binomial Effect Size Display (Rosenthal, 1994). In particular, a to the following viable theories: Byrnes's (1998) self-regulation
mean of d = .13 corresponds to a 6% difference in the risk-taking model, Irwin and Millstein's (1991) biopsychosocial account, and
rates of men and women (e.g., 53% of men take risks vs. only 47% Wigfield and Eccles's (1992) expectancy-value model.
of women). In potentially dangerous activities that are performed Byrnes (1998) suggested that developmental increases in risk
by a large number of people (e.g., driving, unprotected sex, etc.), taking are a function of the fact that children are more likely to find
this 6% difference would accumulate across behaviors and time to themselves in novel, unmonitored environments as they grow older
produce a substantial gender difference in the number of expected (e.g., going away to college). Resisting the temptation to take a
injuries or death (e.g., 60,000 if we assume one million female risk requires a certain amount of self-regulation (i.e., a calibrated
drivers and one million male drivers). Thus, we believe that many sense of uncertainty, self-corrective strategies for dealing with
of the gender differences in Tables 2 and 3 are a matter of concern. distractions and troublesome personality traits, and a tendency to
learn from mistakes). The apparent surges in the gender gap may
Implications of the Findings for Theories of Risk Taking reflect double standards with respect to parental monitoring (e.g.,
more restrictions placed on women and girls), overconfidence in
As we noted earlier, a useful way to understand the theoretical men and boys, and less knowledge of self-correcting strategies in
implications of our results is to think of theories as falling into one men and boys. Irwin and Millstein's (1991) model was crafted to
of three categories (Lopes, 1987). The first category consists of explain the increase in risk taking that is said to occur between
theories that are equipped to explain the differences between childhood and adolescence. The model was not meant to explain
RISK TAKING 379

gender differences per se, but it seems to suggest that surges in the In general, then, we revealed a number of important trends that
gender gap would be due to periodic changes in the following: (a) require further explication. To add greater clarity to the study of
biological maturation, (b) cognitive scope (e.g., future time per- gender differences, researchers should (a) construct unambiguous
spective), (c) self-perceptions (e.g., self-esteem), (d) perceptions of measures of both appropriate and inappropriate forms of risk
the social environment (e.g., parental and peer influences), (e) taking, (b) construct valid measures tapping the core constructs of
personal values (e.g., independence), (f) risk perception (e.g., several different theories of risk taking (to see which of the
optimistic bias), and (g) characteristics of the peer group (e.g., peer remaining viable theories is the most adequate), and (c) give these
age). These factors may independently or collectively influence measures to multiple age groups (to further probe the meaning of
males and females in different ways at different times. Wigfield our age trends). The findings from such studies would make an
and Eccles's (1992) model suggests that gender differences would important and much-needed contribution to the literature and
arise whenever males and females hold different expectations and would provide important insight into possible ways to improve the
values. Expectations and values can show dramatic shifts when- risk-taking skills of children, adolescents, and adults.
ever children enter novel environments (e.g., children making the
transition to middle school). At present, it is not clear which of
these models provides the most accurate explanation. References
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