The DOI matches its Crossref record; 9 of the 9 references it cites were found in a registry or an index.
Aging and decision‐making competence: an analysis of comprehension and consistency skills in older versus younger adults considering health‐plan options
Abstract
Older adults need to maintain strong decision‐making capabilities as they age. However, we know little about how age‐related physical and psychological changes affect older adults' judgment and decision processes. This paper reports the results of research comparing older versus younger adults' performance on evaluation and choice tasks about health‐plan options. In particular, comprehension and consistency in judgments (across separate versus joint evaluation contexts) were examined. Results indicated that increasing age was related to greater comprehension errors and inconsistent preferences, even when covariates (education, income, gender, self‐perceived skill and health, decision style, and attitude toward delegation) were taken into account. Discussion of the results emphasizes difficulties in interpreting the meaning of age differences in performance on decision tasks and the need for research that ascertains the seriousness of the consequences of age differences in real‐life tasks. The implications for providing decision‐aiding interventions for older adults are highlighted. Copyright © 2002 John Wiley & Sons, Ltd.
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Cites
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Cited by
Individual differences in adult decision-making competence.
Bruine de Bruin, W., Parker, A. M., & Fischhoff, B. (2007) · Journal of Personality and Social Psychology · doi:10.1037/0022-3514.92.5.938 · Cited by 906
“Possibly, Resistance to Framing and Applying Decision Rules require cognitive skills that decrease with age (Finucane et al., 2005, 2002), whereas Recognizing Social Norms and Resistance to Sunk Costs rely on experiences that increase with age.”
BackgroundResultDecision‐making competence: External validation through an individual‐differences approach
Parker, A. M., & Fischhoff, B. (2005) · Journal of Behavioral Decision Making · doi:10.1002/bdm.481 · Cited by 437
The aging decision maker: Cognitive aging and the adaptive selection of decision strategies.
Mata, R., Schooler, L. J., & Rieskamp, J. (2007) · Psychology and Aging · doi:10.1037/0882-7974.22.4.796 · Cited by 366
Visvanathan, K., Chlebowski, R. T., Hurley, P., Col, N. F., Ropka, M., Collyar, D., Morrow, M., Runowicz, C., Pritchard, K. I., Hagerty, K., et al. (2009) · Journal of Clinical Oncology · doi:10.1200/jco.2008.20.5179 · Cited by 286
Explaining adult age differences in decision‐making competence
Bruine de Bruin, W., Parker, A. M., & Fischhoff, B. (2012) · Journal of Behavioral Decision Making · doi:10.1002/bdm.712 · Cited by 264
Metadata
- Authors
- Finucane, M. L., Slovic, P., Hibbard, J. H., Peters, E., Mertz, C. K., & MacGregor, D. G.
- Venue
- Journal of Behavioral Decision Making
- Publisher
- Wiley
- Published
- 2002-02-08
- Volume
- 15
- Issue
- 2
- Pages
- 141-164
- ISSN
- 0894-3257 (ISSN-L)
- 1099-0771
- OpenAlex
- W2080647989
- Cited by
- 207
- References
- 9
- FWCI
- 3.19
- Type
- journal article
- Language
- en
- Open access
- closed
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- Finucane, M. L., Slovic, P., Hibbard, J. H., Peters, E., Mertz, C. K., & MacGregor, D. G. (2002). Aging and decision‐making competence: an analysis of comprehension and consistency skills in older versus younger adults considering health‐plan options. Journal of Behavioral Decision Making. https://doi.org/10.1002/bdm.407
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Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
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