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Decision-Making and Aging Workshop

There has been a noticeable trend in the growing complexity of decisions being faced in old age, e.g., pensions and benefit issues, portfolio investment decisions, pharmaceuticals, and health insurance options. BSR convened a small working group to share ideas in the area of decision making and aging. The presentations highlighted the importance of affect and motivation on judgments, probability perception, and decision-making. Age differences in affective/experiential and deliberative processes had important theoretical implications for both theory and application. Some of the underlying themes of the discussion were: the need for greater cross-disciplinary understanding; the need to identify common problems of interest; the need for better models; and, the need for better cognitive data.

A summary of this meeting is available upon request. Please contact BSR.