Cognitive Sophistication and the Development of Judgment and Decision-Making reviews the existing literature on the development of reasoning, judgment and decision-making, with a primary focus on measures from the heuristics and biases tradition. The book presents a model based on cognitive sophistication to examine the development of judgment and decision-making, including age related differences in developmental samples, associations with intellectual abilities and executive functions, and associations with dispositional tendencies that support judgment and decision-making. Additional sections cover the empirical findings of a longitudinal study conducted over seven years that tie together the discussed aspects related to cognitive sophistication.
This book will provide a much-needed description of the theoretical and conceptual issues, a review of empirical findings, and an integrative summary of the implications for developmental models of reasoning, judgment and decision-making.
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1. Defining Cognitive Sophistication in the Development of Judgment and Decision-Making 2. Foundations for the Development of Judgment and Decision-Making: Cognitive Abilities, Thinking Dispositions and Specific Knowledge 3. Development of the Ability to Detect and Override Miserly Information Processing 4. Recognizing the Diagnosticity of Statistical Information in Development: Base Rate Sensitivity 5. Preference for Delayed Over Immediate Rewards in Development: Prudent Temporal Discounting 6. Understanding Descriptive Invariance In Development: Framing Effects 7. Correlations Between Judgment and Decision-Making Tasks in Developmental Samples 8. Real-World Correlates of Judgment and Decision-Making Paradigms in Developmental Samples 9. The Emergence of Rational Thinking in Development: Conclusions and Future Directions
