Age differences in accuracy were investigated by having older (M = 68.
6 years) and younger (M = 21.5 years) adults make confidence judgments
about the correctness of their responses to two sets of general knowl
edge items. For one set, prior to making their confidence judgments, s
ubjects made mental strategy judgments indicating how they had selecte
d their answers (i.e., they guessed, used intuition, made an inference
, or immediately recognized the response as correct). Results indicate
that older subjects were more accurate than younger subjects in predi
cting the correctness of their responses; however, making mental strat
egy judgments did not result in increased accuracy for either age grou
p. Additional analyses explored the relationship between accuracy and
other individual difference variables. The results of this investigati
on are consistent with recent theories of postformal cognitive develop
ment that suggest older adults have greater insight into the limitatio
ns of their knowledge.