Cognitive Aging and Decision Making

Ye Li, Columbia University
Martine Baldassi, Columbia University
Eric Johnson, Columbia University
Elke Weber, Columbia University
Despite older adults’ lower fluid cognitive abilities, age effects in decision making are mixed. We hypothesize that older adults’ better crystallized intelligence provides a second pathway to good decisions. We combine cognitive and decision-making measures using SEM and show that both crystallized and fluid intelligence mediate age differences in decision making.
[ to cite ]:
Ye Li, Martine Baldassi, Eric Johnson, and Elke Weber (2011) ,"Cognitive Aging and Decision Making", in NA - Advances in Consumer Research Volume 39, eds. Rohini Ahluwalia, Tanya L. Chartrand, and Rebecca K. Ratner, Duluth, MN : Association for Consumer Research, Pages: 144-145.