Literature DB >> 16029086

Older adults as adaptive decision makers: evidence from the Iowa Gambling Task.

Stacey Wood1, Jerome Busemeyer, Andreas Koling, Cathy R Cox, Hasker Davis.   

Abstract

Older adults process emotional information differently than younger adults and may demonstrate less of a negativity bias on cognitive tasks. The Iowa Gambling Task designed by A. Bechara, H. Damasio, D. Tranel, and A. R. Damasio (1997) has been used to examine the integration of emotion and cognition in a risky-choice decision task and may give insight into differences in the decision-making strategies in younger and older adults. Eighty-eight younger adults (18-34 years) and 67 older adults (65-88 years) completed the Iowa Gambling Task. Using a theoretical decomposition of the task designed by J. R. Busemeyer and J. C. Stout (2002), the authors found that both groups were successful at solving the task but used very different strategies that reflected each group's strength. For younger adults, that strength was learning and memory. For older adults, that strength was an accurate representation of wins and losses (valence). ((c) 2005 APA, all rights reserved).

Mesh:

Year:  2005        PMID: 16029086     DOI: 10.1037/0882-7974.20.2.220

Source DB:  PubMed          Journal:  Psychol Aging        ISSN: 0882-7974


  53 in total

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Authors:  Joseph A Mikels; Andrew E Reed
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Authors:  Melissa T Buelow; Julie A Suhr
Journal:  Neuropsychol Rev       Date:  2009-02-05       Impact factor: 7.444

7.  Emotion, Affect, and Risk Communication with Older Adults: Challenges and Opportunities.

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8.  Right ventromedial and dorsolateral prefrontal cortices mediate adaptive decisions under ambiguity by integrating choice utility and outcome evaluation.

Authors:  Anastasia Christakou; Mick Brammer; Vincent Giampietro; Katya Rubia
Journal:  J Neurosci       Date:  2009-09-02       Impact factor: 6.167

9.  Complementary cognitive capabilities, economic decision making, and aging.

Authors:  Ye Li; Martine Baldassi; Eric J Johnson; Elke U Weber
Journal:  Psychol Aging       Date:  2013-09

10.  Risk preferences and aging: the "certainty effect" in older adults' decision making.

Authors:  Mara Mather; Nina Mazar; Marissa A Gorlick; Nichole R Lighthall; Jessica Burgeno; Andrej Schoeke; Dan Ariely
Journal:  Psychol Aging       Date:  2012-10-15
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