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One factor that can influence decision making is the age. The people older may have less access to
education and resources, which may make them more susceptible to experiencing negative life events,
often beyond their control; as a result, this individuals may make poorer decisions, based on past
decisions. As we are older as the decision making performance may decline as well. In addition, older
people may be more overconfident regarding their ability to make decisions, which inhibits their ability
to apply strategies. We find that older adults prefer fewer choices than younger adults.