Population age is steadily increasing in countries around the world. Decisions about personal finances, retirement, and health are becoming increasingly complex, perhaps especially in older age. My program of research on decision-making competence across the life span combines insights from behavioral decision making and life span developmental psychology to examine how and why aspects of decision-making competence change across the adult life span.
Emerging research and policy implications
I will discuss the implications of those findings for decision research as well as the development of interventions and policy to support decision-making competence in people of all ages.