Metamemory and financial decision making in older adults without dementia.

ABSTRACT:

Objective

Metamemory refers to self-awareness of one's memory function, and the extent to which metamemory deficit impacts financial decision making is unknown. This study tested the hypothesis that metamemory deficit is associated with poor financial decision making among older adults without dementia.

Method

Data came from 502 community-dwelling older adults participating in the Rush Memory and Aging Project. Metamemory deficit was determined empirically by contrasting subjective memory ratings with performance on objective memory tests. Larger discrepancy of self-rated memory scores from performance-based testing scores indicates greater deficit. Financial decision making was assessed using a performance-based measure. Multivariable regression analyses examined the associ

SUBMITTER: Yu L 

PROVIDER: S-EPMC8758505 | biostudies-literature | 2022 Jan

REPOSITORIES: biostudies-literature