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Risk, Reward, and Economic Decision Making in Aging
2011
The journals of gerontology. Series B, Psychological sciences and social sciences
Objectives. Older adults' decision quality is considered to be worse than that of younger adults. This age-related difference is often attributed to reductions in risk tolerance. Little is known about the circumstances that affect older adults' decisions and whether risk attitudes directly influence economic decisions. We measure the influence of risk attitudes on age-related differences in decision making in both nonsocial and social contexts. Methods. Risk attitudes and economic decision
doi:10.1093/geronb/gbr099
pmid:21926401
pmcid:PMC3325085
fatcat:au5vftcj6bgfvm7temyetlpomi