Processing speed and memory mediate age-related differences in decision making.
Processing speed and memory mediate age-related differences in decision making.
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DOI:
10.1037/a0019096
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发表时间:
2010-06
影响因子:
3.7
通讯作者:
Huettel, Scott A.
中科院分区:
文献类型:
--
作者:
Henninger, Debra E.;Madden, David J.;Huettel, Scott A.
Decision making under risk changes with age. Most commonly characterized have been increases in risk-aversion with age, although older adults may also be risk-seeking in some decision contexts. An important, and unanswered, question is whether these changes in decision making reflect a direct effect of aging or, alternatively, an indirect effect caused by age-related changes in specific cognitive processes. In the current study, older adults (mean = 71 years) and younger adults (mean = 24 years) completed a battery of tests of cognitive capacities and decision-making preferences. The results indicated systematic effects of age upon decision quality – with both increased risk-seeking and increased risk-aversion observed in different tasks – consistent with prior studies. Path analyses, however, revealed that age-related effects were mediated by individual differences in processing speed and memory. When those variables were included in the model, age was no longer a significant predictor of decision quality. The authors conclude that the reduction in decision quality (and associated changes in risk preferences) commonly ascribed to aging are instead mediated by age-related changes in underlying cognitive capacities.
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