... because we all make decisions, while getting older, one day at a time...
The world is experiencing a demographic revolution. Life expectancy is on the rise. Every second child born today in a number of European countries, such as Switzerland, may live to be 100. But how can we ensure that longer lives will be better lives? Will we be up to the challenge of making decisions about wealth and health, work and retirement well into old age? What societal implications will arise from ever increasing numbers of senior voters and silver surfers?
We, at the Center for Cognitive and Decision Sciences, University of Basel, Switzerland, aim to understand how cognitive and affective changes brought about by aging will change the way we decide, work, live.
"Fortune favours the bold". Yet, risk taking seems to peak in young adulthood and decline across the adult life span in most countries around the globe. Is the world best tamed through patience and sensible caution? Or can older adults' potential aversion to risk and exploration lead them astray? ... read more
Human development is characterised by massive learning about the world. For example, a typical adult knows on average more than 40.000 words. How does the structure of knowledge change across the life span? And what implications does it have for how we search for information in our minds and beyond? ... read more