The DOI matches its Crossref record; 8 of the 8 references it cites were found in a registry or an index.
Task Complexity and Older Adults' Decision-Making Competence.
Abstract
This article reports progress in an ongoing research program examining older adults' decision-making competence (DMC). Using a theoretical framework that emphasizes the person-task fit in assessing DMC, the authors report the results of a study comparing older versus younger adults' decision performance on simple and complex tasks about health, finance, and nutrition. The authors hypothesized and found that increasing age and task complexity were related to greater comprehension errors and inconsistency in decision making. Hierarchical regression analyses showed that a large amount of age-related variance in performance on the decision tasks could be accounted for by exogenous social variables, health measures, basic cognitive skills, and attitudinal measures. The discussion emphasizes several directions for future research, including the need to validate the meaning of performance on these tasks for real-life decision processes.
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Cites
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Cited by
Religious Orders Study and Rush Memory and Aging Project
Bennett, D. A., Buchman, A. S., Boyle, P. A., Barnes, L. L., Wilson, R. S., & Schneider, J. A. (2018) · Journal of Alzheimer's Disease · doi:10.3233/jad-179939 · Cited by 1,260
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
“To examine the A-DMC’s overlap with other measures, Table 6 shows hierarchical regressions adopted from Finucane et al. (2005).”
BackgroundMethodInfluentialDefining and Measuring Financial Literacy
Hung, A., Parker, A. M., & Yoong, J. (2009) · SSRN Electronic Journal · doi:10.2139/ssrn.1498674 · Cited by 835
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
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., Mertz, C. K., Slovic, P., & Schmidt, E. S.
- Venue
- Psychology and Aging
- Published
- 2005
- Volume
- 20
- Issue
- 1
- Pages
- 71-84
- ISSN
- 0882-7974 (ISSN-L)
- 1939-1498
- OpenAlex
- W2062251384
- Cited by
- 234
- References
- 8
- FWCI
- 8.31
- Type
- journal article
- Language
- en
- Open access
- closed
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
