Keeping Memory Current: Updating and Discounting of Information. This project is about understanding the human cognitive capacity to manage change. The need to manage change is a common thread that permeates nearly all National Research Priorities and is a central issue in an information society. The applied component of the project will develop techniques to improve the capabilities of individuals and communities to rely on up-to-date knowledge during decision making. The project will also cont ....Keeping Memory Current: Updating and Discounting of Information. This project is about understanding the human cognitive capacity to manage change. The need to manage change is a common thread that permeates nearly all National Research Priorities and is a central issue in an information society. The applied component of the project will develop techniques to improve the capabilities of individuals and communities to rely on up-to-date knowledge during decision making. The project will also contribute to psychological science in numerous ways. Basic research in psychology is of particular national benefit because the available national research funding is commensurate with the requirements of world-class research in psychology.Read moreRead less