ArticleFrontiers in psychology2016
Effects of Age and Initial Risk Perception on Balloon Analog Risk Task: The Mediating Role of Processing Speed and Need for Cognitive Closure.
Article in Frontiers in psychology, 2016. The graph could read no effect estimate from its abstract, so it casts no vote on the map. Cited by 24 papers.
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Who cites it
24 citing papers in PubMed.
- Age and Framing Effects in the Balloon Analogue Risk Task.The journals of gerontology. Series B, Psychological sciences and social sciences · 2022Trial
- Cognitive assessment of risk-taking behavior in adults with substance use disorders and internet addiction.Indian journal of psychiatry · 2026Article
- Participants' Utilitarian Choice Is Influenced by Gamble Presentation and Age.Behavioral sciences (Basel, Switzerland) · 2024Article
- The genetic architecture of youth anxiety: a study protocol.BMC psychiatry · 2024Article
- Performance of aging consumers in an e-commerce product choice task: The role of working memory and decision strategies.PloS one · 2024Article
- Does Mood Affect Judgment: Results from an In Vivo Observational Study.Current psychology (New Brunswick, N.J.) · 2023Article
- Tools for the Assessment of Risk-Taking Behavior in Older Adults with Mild Dementia: A Cross-Sectional Clinical Study.Brain sciences · 2023Article
- Age differences in the neural basis of decision-making under uncertainty.Cognitive, affective & behavioral neuroscience · 2023Article
- Enhanced putamen functional connectivity underlies altered risky decision-making in age-related cognitive decline.Scientific reports · 2023Article
- Effects of Investment Experience on the Stock Investment Task: The Mediating Role of Risk Perception.Behavioral sciences (Basel, Switzerland) · 2023Article
- Altered interaction of physiological activity and behavior affects risky decision-making in ADHD.Frontiers in human neuroscience · 2023Article
- Cognitive reflection test: The effects of the items sequence on scores and response time.PloS one · 2023Article
- The role of anhedonia in predicting risk-taking behavior in university students.Journal of psychiatric research · 2022Article
- Multivariate morphological brain signatures enable individualized prediction of dispositional need for closure.Brain imaging and behavior · 2022Article
- Contextual Factors Affecting Risky Decision Making: The Influence of Music on Task Performance and Perceived Distraction.Frontiers in psychology · 2022Article
- Neural Activation in Risky Decision-Making Tasks in Healthy Older Adults: A Meta-Analysis of fMRI Data.Brain sciences · 2021Review
- Adaptation to recent outcomes attenuates the lasting effect of initial experience on risky decisions.Scientific reports · 2021Article
- "Do I have enough food?" How need for cognitive closure and gender impact stockpiling and food waste during the COVID-19 pandemic: A cross-national study in India and the United States of America.Personality and individual differences · 2021Article
- Differential focus on probability and losses between young and older adults in risky decision-making.Neuropsychology, development, and cognition. Section B, Aging, neuropsychology and cognition · 2020Article
- A generic brain connectome map linked to different types of everyday decision-making in old age.Brain structure & function · 2020Observational
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3 authors.
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No grant is acknowledged in the PubMed record.
Abstract
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.
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