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. Author manuscript; available in PMC: 2014 Sep 11.
Published in final edited form as: J Exp Psychol Learn Mem Cogn. 2013 Apr 8;39(5):1344–1364. doi: 10.1037/a0032379

Table 7.

Summary of the Results of the Fourth Stage of Data Analysis.

Decision-making task Bivariate correlation with
age
Indirect effect Relation with age
after controlling for
mediators/predictors
Resistance to Framing Negative
(r = −.11, p < .01, n = 568)
Working memory mediation
(−.26)
Positive
(.146)
Applying Decision Rules Negative
(r = −.36, p < .001, n = 564)
Trend towards working
memory partial mediation
(−.14)
Negative
(−.215)
Under/Overconfidence Negative
(r = −.20, p < .001, n = 568)
Working memory mediation
(−.19)
Nonsignificant
(−.005)
Recognizing Social Norms Nonsignificant
(r = .07, p = .12, n = 559)
Episodic memory mediation
(−.09)
Positive
(.176)
Resistance to Sunk Costs Positive
(r = .15, p < .001, n = 568)
No mediation tested Positive
(.161)
Consistency in Risk Perception Nonsignificant
(r = −.01, p = .82, n = 568)
No mediation tested Nonsignificant
(.010)