The Aging Decision Maker: Cognitive Aging and the Adaptive Selection of Decision Strategies

Rui Mata, Lael J. Schooler, Jörg Rieskamp

Research output: Chapter in Book/Report/Conference proceedingChapter

5 Scopus citations

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 adaptive 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.

Original languageEnglish (US)
Title of host publicationHeuristics
Subtitle of host publicationThe Foundations of Adaptive Behavior
PublisherOxford University Press
ISBN (Electronic)9780199894727
ISBN (Print)9780199744282
DOIs
StatePublished - May 1 2011
Externally publishedYes

Keywords

  • Adaptive
  • Aging
  • Cognitive decline
  • Decision making
  • Strategy

ASJC Scopus subject areas

  • Psychology(all)

Fingerprint Dive into the research topics of 'The Aging Decision Maker: Cognitive Aging and the Adaptive Selection of Decision Strategies'. Together they form a unique fingerprint.

  • Cite this

    Mata, R., Schooler, L. J., & Rieskamp, J. (2011). The Aging Decision Maker: Cognitive Aging and the Adaptive Selection of Decision Strategies. In Heuristics: The Foundations of Adaptive Behavior Oxford University Press. https://doi.org/10.1093/acprof:oso/9780199744282.003.0022