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Decision making processes and outcomes
Julie Hicks Patrick1, Jenessa C Steele, S Melinda Spencer
1Department of Psychology, West Virginia University, P.O. Box 6040, Morgantown, WV 26506-6040, USA.
Abstract:
The primary aim of this study was to examine the contributions of individual characteristics and strategic processing to the prediction of decision quality. Data were provided by 176 adults, ages 18 to 93 years, who completed computerized decision-making vignettes and a battery of demographic and cognitive measures. We examined the relations among age, domain-specific experience, working memory, and three measures of strategic information search to the prediction of solution quality using a 4-step hierarchical linear regression analysis. Working memory and two measures of strategic processing uniquely contributed to the variance explained. Results are discussed in terms of potential advances to both theory and intervention efforts.
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