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Holliday, Stephen G. – International Journal of Aging and Human Development, 1988
Adults (N=96) from four age cohorts completed questionnaire consisting of 12 situations demanding choice between safe and risky option. One-half of choices involved potential losses, others involved potential gains. Found that older adults chose no more safe alternatives than did younger adults. Risk avoiding for all ages appeared to be influenced…
Descriptors: Adults, Age Differences, Behavior Patterns, Decision Making