Risk-Taking 2 investigates behaviors of young children who are presented with a choice without prior knowledge of the outcome. The child is asked to choose between a certainty, a toy placed in front of him, and an uncertainty, a paper bag which E had previously explained might contain five toys or none at all. Children who chose the certain toy were shown that the bag contained five toys and were given a second trial with a different bag. In this sample, 60.7% of the children chose the uncertain outcome on the first trial in Year 1 and 59.5% did so in Year 2. The remaining Ss were given a second trial. After two trials, approximately 79% were willing to choose an uncertain outcome. A significant sex difference was noted, with boys being more willing to take risks. However, a significant sex by year interaction was noted, with girls showing a greater increase in risk-taking from Year 1 to Year 2. This measure did not correlate significantly with any other measure in the battery. The Risk-Taking 2 appears to provide only limited differentiation for children at this age. Possibly there is too little risk involved. There was little or no correlation in performance between the two years. (For related documents, see TM 003 174-192, 194-198.) (KM)