COGNITIVE DEVELOPMENTAL APPROACHES TO JUDGMENT AND DECISION MAKING
As we noted in the Preface, the developmental study of decision making is in its infancy. Although substantial research documents the cognitive underpinnings of adults' decisions, far fewer attempts have been made with children and adolescents. Fortunately, cognitive developmental research on decision making appears to be on the rise. The chapters in Part I represent three distinct cognitive approaches to the understanding of the development of decision making. Although the authors' perspectives are similar in some respects, they differ in the emphases they place on different forms of processing, the importance of different types of information processing, and, especially, in the role that intuitive processing plays in making adaptive decisions. Each author converges on the belief that the construction, extension, and evaluation of developmental models of decision making is crucial if research is to progress beyond its current, infantile state.
In chapter 1, Byrnes outlines his Self-Regulation Model (SRM) of decision making, the role of self-regulated thinking in development, and the importance of investigating the development of different components of self-regulated thinking when evaluating age differences in decision competence. Byrnes' SRM model focuses on both functional aspects of decision-making competence (i.e., goal-setting abilities, the abilities to generate, evaluate, and implement decision options) and structural aspects of decision