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Measuring Delay Discounting in Humans Using an Adjusting Amount Task
Published on: January 9, 2016
Age differences in trade-off decisions: older adults prefer choice deferral
Yiwei Chen1, Xiaodong Ma, Olivia Pethtel
1Department of Psychology, Bowling Green State University, Bowling Green, OH 43403, USA. ywchen@bgsu.edu
Abstract:
Our primary purpose in this study was to examine age differences in using choice deferral when young and older adults made trade-off decisions. Ninety-two young and 92 older adults were asked to make a trade-off decision among four cars or to use choice deferral (i.e., not buy any of these cars and keep looking for other cars). High and low emotional trade-off difficulty were manipulated between participants through different attribute labels of available cars. Older adults were more likely than young adults to choose deferral. Older adults who used deferral reported less retrospective negative emotion than those who did not.
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