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Zhuang, Winnie; Niebaum, Jesse; Munakata, Yuko – Developmental Psychology, 2023
When making decisions, the amount of time remaining matters. When time horizons are long, exploring unknown options can inform later decisions, but when time horizons are short, exploiting known options should be prioritized. While adults and adolescents adapt their exploration in this way, it is unclear when such adaptation emerges and how…
Descriptors: Decision Making, Preschool Children, College Students, Developmental Stages
Van Duijvenvoorde, Anna C. K.; Jansen, Brenda R. J.; Bredman, Joren C.; Huizenga, Hilde M. – Developmental Psychology, 2012
Advantageous decision making progressively develops into early adulthood, most specifically in complex and motivationally salient decision situations in which direct feedback on gains and losses is provided (Figner & Weber, 2011). However, the factors that underlie this developmental improvement in decision making are still not well understood.…
Descriptors: Short Term Memory, Long Term Memory, Decision Making, Probability