According to the dual-process theoretical perspective adopted in the presented research, the efficiency of deliberative processes in decision making declines with age, but experiential processes are relatively well-preserved. The age-related differences in deliberative and experiential processes in risky decision-making were examined in this research by applying the Balloon Analog Risk Task (BART). We analyzed the influence of age on risk acceptance and decision-making performance in two age groups of female participants (younger adults, n = 81; older adults, n = 76), with additional experimental manipulation of initial risk perception. We predicted and confirmed that aging significantly worsens performance on the behavioral BART measures due to age-related decline in deliberative processes. Older participants were found to exhibit significantly higher risk aversion and lower BART performance, and the effect of age was mediated by cognitive (processing speed) and motivational (need for cognitive closure) mechanisms. Moreover, older adults adapt to the initial failure (vs. success) similarly, as younger adults due to preserved efficiency of experiential processes. These results suggest future directions for minimizing negative effects of aging in risky decision-making and indicate compensatory processes, which are preserved during aging.

The paper presents an overview of research on working memory as a predictor of early school achievements. We contrast two main areas of research on the role of working memory in school achievements: the first concerns the structural model of working memory and the second focuses on executive functions. Then, we discuss the facet model of working memory as a promising approach merging the two research branches on working memory tasks as predictors of early school achievements. At the end we present exemplary results of the research conducted on a national sample of six- and seven-year-olds in Poland, which indicates strong relation of working memory functions with the measures of competences in mathematics, reading, and writing. Additionally, the mediation analyses, with parents’ education as a covariate, indicate that the influence of age on achievements in math, reading, and writing in six- and seven-year olds is mediated by working memory functions.

Many decisions require sequentially searching through the available alternatives. In these tasks, older adults have been shown to perform worse than younger adults, but the reasons why age differences occur are still unclear. In the present research, we tackle this question by investigating which strategies older and younger adults adopt and how these strategies relate to individual differences in cognitive (mental speed, working memory capacity) and motivational (need for cognitive closure) variables. To achieve this goal, we conducted two studies in which older and younger adults performed a computerized sequential choice task. Study 1 indicated that older adults changed their decision-making strategies throughout the task by reducing the number of options they considered. This change in strategy did not decrease performance because searching less allowed older adults to choose more promising options. In the second study we manipulated whether a long or short search was optimal. In the beginning older adults performed worse than younger adults independent of whether short or long search was adaptive. However, in the second half of the task we found age differences in performance when long search was required, but not when short search was required. In both studies whether or not older adults changed their strategy depended on their need for cognitive closure, suggesting that avoiding cognitive closure facilitates adaptive flexibility. Together, the two studies provide evidence for compensatory strategy adaptations among older adults completing sequential choice tasks. (PsycINFO Database Record

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As a comment on Hibbing et al.'s paper, we discuss the evolution of political and social views from more liberal to more conservative over the span of adulthood. We show that Hibbing et al.'s theoretical model creates a false prediction from this developmental perspective, as increased conservatism in the adult life-span trajectory is accompanied by the avoidance of negative bias.