The authors evaluated mechanistic and metacognitive accounts of age differences in strategy transitions during skill acquisition. Old and young participants were trained on a task involving a shift from performing a novel arithmetic algorithm to responding via associative recognition of equation-solution pairings. The strategy shift was manipulated by task instructions that either (a) equally focused on speed and accuracy, (b) encouraged retrieval use as a method toward fast responding, or (c) offered monetary incentives for fast retrieval-based performance. Monetary incentives produced a more rapid shift to retrieval relative to standard instructions; older adults showed a greater incentives effect on retrieval use than younger adults. Monetary incentives encouraged retrieval use and response time improvements despite accuracy costs (a speed-accuracy tradeoff). The pattern of results suggested a role of metacognitive and volitional factors in retrieval shift, indicating that an associative learning deficit cannot fully account for older adults' delayed strategy shift.
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