Older Maximizers Are Not More Prone to Depression, Lower Life Satisfaction, and Avoidance in Decision-Making, but May Experience Regret and Indecisiveness

We investigated decision-making styles in older adults and the relation between maximizing and depression, life-satisfaction, regret, avoidance, indecisiveness, and neuroticism. Using a new maximization measure, we found older adults are not more likely to be satisficers, and that maximizers were not more likely to be depressed or experience lower life-satisfaction.