“…In contrast, a wealth of research has examined the development of decision making involving trade offs between gains and losses under risk (where the outcomes occur with some clearly specified probability; Boyer, 2006;Defoe, Dubas, Figner, & van Aken, 2015;Reyna, 2012). Moreover, developmental research has examined decisions in which information about probabilities is incomplete or ambiguous (e.g., Tymula et al, 2012), or in which both outcomes and their frequencies are uncertain and must be explored through experience (Rosenbaum, Venkatraman, Steinberg, & Chein, 2018;van den Bos & Hertwig, 2017). Further developmental studies have addressed how punishment and reward influences children's decisions in reinforcement learning (Costantini & Hoving, 1973;H€ ammerer, Li, M€ uller, & Lindenberger, 2010;van Duijvenvoorde, Zanolie, Rombouts, Raijmakers, & Crone, 2008).…”