Age differences in maximization

Studies have shown the existence of inter-individual differences in choice behavior, some people seeking for the best (maximizers) and others for a good enough option (satisficers). Here, we explored whether these inter-individual differences are influenced by aging and common personality traits (i.e., Big Five model). Young (n = 125; 19 years old) and elderly adults (n = 101; 86 years old) completed different scales assessing – among others – maximization and Big Five traits. Our results indicated a greater proportion of maximizers in elderly than in young adults. We also found a minor association between maximization and Big Five traits in both groups. In sum, aging influences choice behavior, but this cannot be explained by changes of common personality traits.