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The effects of aging on accuracy and response time were examined in a letter discrimination experiment with young and older subjects. Results showed that older subjects (ages 60-75) were generally slower and less accurate than young subjects. R. Ratcliff's (1978) diffusion model was fit to the data, and it provided a good account of response times, their distributions, and response accuracy. The results produce similar age effects on the nondecision components of response time (about 50 ms slowing) and the response criteria (more conservative settings) to those from R. Ratcliff, A. Thapar, and G. McKoon (2001), but also show a reduced rate of accumulation of evidence for older subjects. The model-based approach has the advantage of allowing the separation of aging effects on different components of processing.
Thapar et al. (Mon,) studied this question.