Besedeš, Tibor; Deck, Cary; Sarangi, Sudipta; Shor, Mikhael - In: Journal of Economic Behavior & Organization 81 (2012) 2, pp. 524-533
Using paper and pencil experiments administered in senior centers, we examine decision-making performance in multi-attribute decision problems. We differentiate the effects of declining cognitive performance and changing cognitive process on decision-making performance of seniors as they age. We...