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The authors investigated risk taking and underlying information use in 13-to 16-and 17-to 19-year-old adolescents and in adults in 4 experiments, using a novel dynamic risk-taking task, the Columbia Card Task (CCT). The authors investigated risk taking under differential involvement of affective versus deliberative processes with 2 versions of the CCT, constituting the most direct test of a dual-system explanation of adolescent risk taking in the literature so far. The "hot" CCT was designed to trigger more affective decision making, whereas the "cold" CCT was designed to trigger more deliberative decision making. Differential involvement of affective versus deliberative processes in the 2 CCT versions was established by self-reports and assessment of electrodermal activity. Increased adolescent risk taking, coupled with simplified information use, was found in the hot but not the cold condition. Need-forarousal predicted risk taking only in the hot condition, whereas executive functions predicted information use in the cold condition. Results are consistent with recent dual-system explanations of risk taking as the result of competition between affective processes and deliberative cognitive-control processes, with adolescents' affective system tending to override the deliberative system in states of heightened emotional arousal.Keywords: risk taking, adolescence, affective and deliberative decision making, dual system, cognitive control Supplemental materials: http://dx.doi.org/10.1037/a0014983.supp Everyday risk taking shows a typical developmental trajectory. Comparatively low during childhood, risk taking increases when individuals reach puberty, peaks in adolescence and early adulthood, and decreases again during adulthood. This age pattern has been documented in different risk-taking behaviors, such as the use of licit and illicit substances, dangerous behavior in traffic, unsafe sexual practices, delinquent behaviors, and risky recreational sports

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Despite evident heightened adolescent risk-taking in real-life situations, not all experimental studies demonstrate that adolescents take more risks than children and adults on risky decision-making tasks. In the current 4 independent meta-analyses, neurodevelopmental imbalance models and fuzzy trace theory were used as conceptual frameworks to examine whether adolescents engage in more risk-taking than children and adults and whether early adolescents take more risks than children and mid-late adolescents on behavioral risk-taking tasks. Studies with at least 1 of the aforementioned age comparisons met the inclusion criteria. Consistent with imbalance models and fuzzy trace theory, results from a random-effects model showed that adolescents take more risks (g = .37) than adults, and early adolescents take more risks (g = .15) than mid-late adolescents. However, inconsistent with both perspectives, adolescents and children take equal levels of risk (g = -.00), and early adolescents and children also take equal levels of risk (g = .04). Meta-regression analyses revealed that, consistent with imbalance models, (a) adolescents take more risks than adults on hot tasks with immediate outcome feedback on rewards and losses; however, contrary to imbalance models but consistent with fuzzy trace theory, (b) adolescents take fewer risks than children on tasks with a sure/safe option. Shortcomings related to studies using behavioral risk-taking tasks are discussed. We suggest a hybrid developmental neuroecological model of risk-taking that includes a risk opportunity component to explain why adolescents take more risks than children in the real world but equal levels of risks as children in the laboratory.