Risky decision-making is associated with residential choice in healthy older adults.

As our society becomes more mobile and people reside farther away from their immediate families, competent decision-making has become critical for the older adults wishing to maintain their independence. However, very little is known about the relationship between residential choice and decision mak...

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Main Authors: Kendra L Seaman, Chelsea eStillman, Darlene V. Howard, James H Howard
Format: Article
Language:English
Published: Frontiers Media S.A. 2015-08-01
Series:Frontiers in Psychology
Subjects:
Online Access:http://journal.frontiersin.org/Journal/10.3389/fpsyg.2015.01192/full
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author Kendra L Seaman
Kendra L Seaman
Chelsea eStillman
Darlene V. Howard
James H Howard
James H Howard
James H Howard
author_facet Kendra L Seaman
Kendra L Seaman
Chelsea eStillman
Darlene V. Howard
James H Howard
James H Howard
James H Howard
author_sort Kendra L Seaman
collection DOAJ
description As our society becomes more mobile and people reside farther away from their immediate families, competent decision-making has become critical for the older adults wishing to maintain their independence. However, very little is known about the relationship between residential choice and decision making. Here we use the Balloon Analogue Risk Task (BART) to examine risk-taking in two samples of older adults, one living in a retirement community and another living independently. We also used a cognitive model to gain insight into the cognitive factors underlying decision-making in these groups. We found that older adults living in a retirement community were more risk averse than their independent counterparts. Furthermore, this difference appeared to be motivated by group differences in initial perception of risk. This study suggests an intriguing difference between these two residential groups, and also points to the utility of using laboratory methods in research on real-world problems.
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spelling doaj.art-e925480c5bf647de89c053c235590ea72022-12-22T01:25:38ZengFrontiers Media S.A.Frontiers in Psychology1664-10782015-08-01610.3389/fpsyg.2015.01192155664Risky decision-making is associated with residential choice in healthy older adults.Kendra L Seaman0Kendra L Seaman1Chelsea eStillman2Darlene V. Howard3James H Howard4James H Howard5James H Howard6Yale UniversityThe Catholic University of AmericaGeorgetown UniversityGeorgetown UniversityThe Catholic University of AmericaGeorgetown UniversityGeorgetown UniversityAs our society becomes more mobile and people reside farther away from their immediate families, competent decision-making has become critical for the older adults wishing to maintain their independence. However, very little is known about the relationship between residential choice and decision making. Here we use the Balloon Analogue Risk Task (BART) to examine risk-taking in two samples of older adults, one living in a retirement community and another living independently. We also used a cognitive model to gain insight into the cognitive factors underlying decision-making in these groups. We found that older adults living in a retirement community were more risk averse than their independent counterparts. Furthermore, this difference appeared to be motivated by group differences in initial perception of risk. This study suggests an intriguing difference between these two residential groups, and also points to the utility of using laboratory methods in research on real-world problems.http://journal.frontiersin.org/Journal/10.3389/fpsyg.2015.01192/fullAgingcomputational modelingdecision-makingRisk takingResidential choice
spellingShingle Kendra L Seaman
Kendra L Seaman
Chelsea eStillman
Darlene V. Howard
James H Howard
James H Howard
James H Howard
Risky decision-making is associated with residential choice in healthy older adults.
Frontiers in Psychology
Aging
computational modeling
decision-making
Risk taking
Residential choice
title Risky decision-making is associated with residential choice in healthy older adults.
title_full Risky decision-making is associated with residential choice in healthy older adults.
title_fullStr Risky decision-making is associated with residential choice in healthy older adults.
title_full_unstemmed Risky decision-making is associated with residential choice in healthy older adults.
title_short Risky decision-making is associated with residential choice in healthy older adults.
title_sort risky decision making is associated with residential choice in healthy older adults
topic Aging
computational modeling
decision-making
Risk taking
Residential choice
url http://journal.frontiersin.org/Journal/10.3389/fpsyg.2015.01192/full
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