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Help us learn more about links between ageing and decision-making

With this study, we want to understand how to help older adults maintain good decision-making abilities throughout their lifespan.

Changes in decision making

If you're aged between 20 - 30 or over 55 you could take part in our study.

In today’s society, throughout our lives, we're required to maintain high decision-making abilities and to keep making more and more decisions. However, as we get older and our cognitive functions decline, we know decision-making gets harder.

With this study we want to understand more about the changes in decision-making as we age, so we can look towards ways in which these changes might be mitigated.

Who can take part?

Both men and women can apply to take part. Other criteria:

  • you must be aged between 20 and 30, or over 55
  • you must not be diagnosed with a severe illnesses or disorder characterised by brain damage (for example, epilepsy, brain tumour or stroke)
  • the study is running until 31 May 2019

What’s involved in the study?

Your participation will take approximately 1 hour.

You'll need to travel to the University campus to take part. Here, you'll fill out a very brief questionnaire asking you about your personality and your cognitive and emotional abilities.

You'll also take part in a computer-based task. You'll be randomly and anonymously matched with another person taking part in the experiment. The computer-based task simply gives you a series of scenarios suggesting different types of investment and you have to select the one in which you would invest your money.

What participants will get for taking part in the study?

For taking part, you’ll get a compensation of £10 (plus up to £10 for travel expenses). More money can be won by partaking in a gamble.

More about the study

Chiara Scarampi, who is leading the project, explained:

'This is an exciting opportunity to get involved with some new research, looking at how we make financial decisions. Metacognition can buffer individuals against cognitive decline, providing an alternative route to sound financial decisions. This study will help us understand the diverse outcomes in old age and how society can develop efficient policies to support longer, healthier lives and to derive benefits from them.'

Taking part

Email us to sign up

Contact us

To find out more, please email us

The study has been approved by the Psychology Research Ethics Committee (project code: 15-064).