Commentary: Effects of Age and Initial Risk Perception on Balloon Analog Risk Task: The Mediating Role of Processing Speed and Need for Cognitive Closure

@inproceedings{Walasek2016CommentaryEO,
  title={Commentary: Effects of Age and Initial Risk Perception on Balloon Analog Risk Task: The Mediating Role of Processing Speed and Need for Cognitive Closure},
  author={Lukasz Walasek},
  booktitle={Front. Psychol.},
  year={2016}
}
Existing 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… CONTINUE READING

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