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Risk taking during decision-making in normal volunteers changes with age.
Julia Deakin1, Michael Aitken, Trevor Robbins
1Brain Mapping Unit, Department of Psychiatry, University of Cambridge, School of Clinical Medicine, Addenbrooke's Hospital, Hills Road, Cambridge, CB2 2QQ, UK.
Journal of the International Neuropsychological Society : JINS
|August 26, 2004
Summary
Risk taking and decision-making speed decrease with age. Impulsivity appears to be composed of distinct traits, including risk tolerance and delay aversion, which are affected differently by aging.
Area of Science:
- Neuroscience
- Cognitive Psychology
- Behavioral Economics
Background:
- Risk-taking behavior is a complex cognitive process.
- Previous research links impulsivity to factors like age, IQ, and neuropsychiatric conditions.
- The Decision-Gamble task is a validated tool for assessing decision-making and impulsivity.
Purpose of the Study:
- To investigate the relationship between age and risk-taking behavior.
- To explore the underlying components of impulsivity using factor analysis.
- To examine the influence of IQ and sex on decision-making and risk modulation.
Main Methods:
- A cohort of 177 adults (ages 17-73) performed a computer-based gambling task (Decision-Gamble task).
- Behavioral measures including decision time, risk-taking, and delay aversion were recorded.
- Factor analysis was used to identify underlying traits of impulsivity.
Main Results:
- Risk-taking and decision-making speed decreased with age.
- Higher IQ correlated with faster decisions and greater risk-taking modulation.
- Males showed greater risk-taking modulation based on winning probability.
- Factor analysis suggested two independent traits: risk tolerance and delay aversion.
- Age negatively impacted risk tolerance but not delay aversion.
Conclusions:
- Impulsivity can be fractionated into at least two independent components: risk tolerance and delay aversion.
- Age-related cognitive changes primarily affect risk tolerance, not delay aversion.
- Decision-making processes and risk assessment are influenced by age and cognitive abilities.