Aging and conditional probability judgments: a global matching approach.

Age differences in bias in conditional probability judgments were investigated based on predictions derived from the Minerva-Decision Making model (M. R. P. Dougherty, C. F. Gettys, & E. E. Ogden, 1999), a global matching model of likelihood judgment. In this study, 248 younger and older adults completed frequency judgment and conditional probability judgment tasks. Age differences in the frequency judgment task are interpreted as an age-related deficit in memory encoding. Older adults' stronger biases in the probability judgment task point to age differences in criterion setting. Age-related biases were eliminated when age groups were equated on memory encoding by means of study time manipulation. The authors conclude that older adults' stronger judgment biases are a function of memory impairment.