Wandi Bruine de Bruin has a new paper on decision making competence and aging
The new article suggests that age-related declines in decision-making competence are minor:
Del Missier, F., Hansson, P., Parker, A.M., Bruine de Bruin, W., & Mäntylä, T. (in press). Decision-making competence in older adults: A rosy view from a longitudinal investigation. Psychology and Aging.