“…Along these same lines, understanding children's perceptions of economic groups, and especially children's stereotypes about high‐ and low‐wealth groups, may benefit from assessments of how such assumptions relate to children's decisions about peer relations and friendship in schools or other informal contexts. For example, older children and adolescents are selective in their friendship decisions, preferring to befriend peers of the same economic background (Kupersmidt, DeRosier, & Patterson, ; Papapolydorou, ) and teasing others based on their financial situation (Bradshaw, Jay, McNamara, Stevenson, & Muldoon, ; Bucchianeri, Eisenberg, & Neumark‐Sztainer, ). Some forms of interpersonal bullying have been shown to be related to group identity such as race (Mulvey et al., ) and may be related to identity based on wealth status.…”