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The purpose of the present study was to test the findings of Botwinick's work on cautiousness and decision-making in old age 1,2, along with an examination of two factors not previously studied: rigidity and certainty of decision outcome. Sixty-four elderly participants of both sexes participated in filling out the Choice Dilemmas Questionnaire (CDQ) after having been classified as high or low on Schaie's Test of Behavioral Rigidity 3. In general, Botwinick's conclusions were supported: 1. when given the opportunity to avoid making decisions on the CDQ, the elderly did so, even under conditions of no risk at all concerning the outcome of the decision; 2. elderly individuals appeared to become more conservative and cautious in their decisions when the outcome was directed at the lives of young individuals than when older individual's lifestyles were of concern. This latter phenomenon, however was not seen when the elderly participant was required to make a decision and could not elect to abstain. In addition, rigidity was found to be related to risky decisions made by the elderly individual.
Calhoun et al. (Tue,) studied this question.