Commentary: Effects of Age and Initial Risk Perception on Balloon Analog Risk Task: The Mediating Role of Processing Speed and Need for Cognitive Closure
Year: 2016
Type: editorial
Abstract: A commentary on Effects of Age and Initial Risk Perception on Balloon Analog Risk Task: The Mediating Role of Processing Speed and Need for Cognitive Closure by Koscielniak, M., Rydzewska, K., and Sedek, G. (2016). Front. Psychol. 7:659. doi: 10.3389/fpsyg.2016.00659 \n \nExisting research strongly suggests that age-related changes in the cognitive system influence preferential choice. While the reduction of fluid cognitive ability can lead to sub-optimal decision outcomes (Finucane et al., 2000), experience garnered during one's lifespan can also improve one's decision making (Mata et al., 2007; Bruine de Bruin et al., 2014). How can research on aging and decision making explain such mixed results? A reasonable approach is to adhere to a clear definition of optimality in choice behavior, which must be grounded in principles of cognitive psychology. Indeed, this approach has led many researchers to identify distinct cognitive processes that may be responsible for suboptimal decisions among older adults. Among many, these include memory (Buckner, 2004), perception (Schneider and Pichora-Fuller, 2000), and executive functions (Schiebener and Brand, 2015).
Source: Frontiers in Psychology
Author: Lukasz Walasek
Institution: University of Warwick
Language: English
Subfield: General Decision Sciences
Field: Decision Sciences
Domain: Social Sciences
Open Access status: gold
Estimated APC paid: $3,801
Funder: Leverhulme Trust
Award: G3678697519
OpenAlex ID: W2514064873
