Cited by 366Aging and Gerontology ResearchDecision-Making and Behavioral EconomicsCognitive Functions and Memory

The aging decision maker: Cognitive aging and the adaptive selection of decision strategies.

Mata, Rui, Schooler, Lael J., Rieskamp, Jörg·2007·Psychology and Aging

Abstract

Are older adults' decision abilities fundamentally compromised by age-related cognitive decline? Or can they adaptively select decision strategies? One study (N = 163) investigated the impact of cognitive aging on the ability to select decision strategies as a function of environment structure. Participants made decisions in either an environment that favored the use of information-intensive strategies or one favoring the use of simple, information-frugal strategies. Older adults tended to (a) look up less information and take longer to process it and (b) use simpler, less cognitively demanding strategies. In accordance with the idea that age-related cognitive decline leads to reliance on simpler strategies, measures of fluid intelligence explained age-related differences in information search and strategy selection. Nevertheless, both young and older adults seem to be equally adapted decision makers in that they adjust their information search and strategy selection as a function of environment structure, suggesting that the aging decision maker is an adaptive one.

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Crossref · 10.1037/0882-7974.22.4.796

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Authors
Mata, R., Schooler, L. J., & Rieskamp, J.
Affiliations
Max Planck Society (DE)
Venue
Psychology and Aging
Published
2007
Volume
22
Issue
4
Pages
796-810
ISSN
  • 0882-7974 (ISSN-L)
  • 1939-1498
OpenAlex
W2077583811
Cited by
366
References
66
Citations by year
2026: 15 · 2025: 15 · 2024: 22 · 2023: 12 · 2022: 10 · 2021: 20 · 2020: 22 · 2019: 20 · 2018: 10 · 2017: 21 · 2016: 20 · 2015: 37 · 2014: 20 · 2013: 24 · 2012: 22
FWCI
22.80
Type
journal article
Language
en
Open access
closed
Locations
  • Psychology and Aging (publishedVersion)
  • PubMed (publishedVersion)
  • Max Planck Institute for Plasma Physics (submittedVersion)
  • edoc (University of Basel) (submittedVersion)
  • Max Planck Digital Library (submittedVersion)
  • MPG.PuRe (Max Planck Society) (submittedVersion)
Funders
  • Max Planck Society
  • German Academic Exchange Service (DAAD)
Topics
  • Social Sciences › Psychology › Neuropsychology and Physiological Psychology › Aging and Gerontology Research
  • Social Sciences › Decision Sciences › General Decision Sciences › Decision-Making and Behavioral Economics
  • Social Sciences › Psychology › Experimental and Cognitive Psychology › Cognitive Functions and Memory
Keywords
cognitive aging, decision-making, strategy selection, information search, age-related cognitive decline, fluid intelligence, environmental structure, older adults, adaptive decision-making
MeSH terms
Adaptation, Psychological, Adult, Aged, Aging, Cognition Disorders, Decision Making, Female, Humans, Male, Psychometrics

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