2011
DOI: 10.1037/a0022681
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Betting on memory leads to metacognitive improvement by younger and older adults.

Abstract: The present study examined how younger and older adults choose to selectively remember important information. Participants studied words paired with point values, and "bet" on whether they could later recall each word. If they bet on and recalled the word, they received the points, but if they failed to recall it, they lost those points. Participants (especially older adults) initially bet on more words than they later recalled, but greatly improved with task experience. The incorporation of rewards and penalt… Show more

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Cited by 80 publications
(88 citation statements)
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“…The improvement in high-value recall suggests that older adults were able to reassess and update their encoding strategies, consistent with the notion of predominantly intact metacognitive processes despite age-related impairments in recollection (Hertzog & Dunlosky, 2011;McGillivray & Castel, 2011). Younger adults' selectivity did improve with task experience, but this improvement appeared to result from a prioritization of medium-value items over low-value items, rather than an increase in high-value recall, as preferential attention to high-value items at the expense of lowand medium-value items was already apparent in List 1.…”
Section: Discussionsupporting
confidence: 70%
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“…The improvement in high-value recall suggests that older adults were able to reassess and update their encoding strategies, consistent with the notion of predominantly intact metacognitive processes despite age-related impairments in recollection (Hertzog & Dunlosky, 2011;McGillivray & Castel, 2011). Younger adults' selectivity did improve with task experience, but this improvement appeared to result from a prioritization of medium-value items over low-value items, rather than an increase in high-value recall, as preferential attention to high-value items at the expense of lowand medium-value items was already apparent in List 1.…”
Section: Discussionsupporting
confidence: 70%
“…There appeared an attenuated need for task experience relative to prior value-directed remembering research (Castel et al, 2002;McGillivray & Castel, 2011): agerelated differences in high-value recall during Experiment 1 were already eliminated by List 2, and there was a consistent absence of significant age-related differences in selectivity in both Experiments 1 and 2. This may have resulted from the schematic support afforded by the tasks' conceptual and health-related nature.…”
Section: Discussionmentioning
confidence: 89%
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“…Older adults may not understand their own agerelated memory limitations and, therefore, may allocate resources ineffectively to the difficult items instead of the easy items (Stine-Morrow, Loveless, & Soederberg, 1996). However, older learners can learn about their limitations through task experience (McGillivray & Castel, 2011).…”
Section: The Effectiveness Of Item Selectionmentioning
confidence: 99%
“…If that were the case, then the fact that external cues do not modify the rate of 'don't know' responding would not be surprising. In Experiment 2 we amended this problem by investigating another form of metamemory decisions: decisions whether to bet or refrain from betting on the accuracy of a candidate response (see Hanczakowski, Zawadzka, Pasek, & Higham, 2013;McGillivray & Castel, 2011;Zawadzka & Higham, 2015, for other examples of using betting decisions to investigate metamemory processes). The betting procedure allows for investigating accuracy of both 'volunteered' responses (as in Experiment 1) -that is responses which participants decide to bet on -and 'withheld' responses participants decide not to bet on.…”
Section: Discussionmentioning
confidence: 99%