Journal
JOURNAL OF NEUROSCIENCE
Volume 30, Issue 4, Pages 1426-1434Publisher
SOC NEUROSCIENCE
DOI: 10.1523/JNEUROSCI.4902-09.2010
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Funding
- National Institute on Aging [AG030778, AG032804]
- Financial Industry Regulatory Authority Investor Education Foundation
- Center on Advancing Decision Making in Aging [AG024957]
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As human life expectancy continues to rise, financial decisions of aging investors may have an increasing impact on the global economy. In this study, we examined age differences in financial decisions across the adult life span by combining functional neuroimaging with a dynamic financial investment task. During the task, older adults made more suboptimal choices than younger adults when choosing risky assets. This age-related effect was mediated by a neural measure of temporal variability in nucleus accumbens activity. These findings reveal a novel neural mechanism by which aging may disrupt rational financial choice.
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