Pay One or Pay All? The Role of Incentive Schemes in Decision Making Across Adulthood.

Sebastian S Horn Thierry Schaltegger Ryan Best Alexandra M Freund

Published in: The journals of gerontology. Series B, Psychological sciences and social sciences (2022)

An opportunity of accumulating incentives has similar portfolio effects on younger and older adults' decisions. In general, people appear to decide less cautiously in pay-all than pay-one scenarios. The impact of different incentive schemes should be carefully considered in aging and decision research.

Keyphrases

health insurance
decision making
climate change
physical activity
depressive symptoms
smoking cessation
early life