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Firstly, the matter of lifestyle is probably a significant factor. Someone who is an alcoholic their whole life and never tries or learns new things is going to have a different outcome that somebody who is still learning new things and exercising and eating healthy. That being said, lifestyles equal, there's at least two factors in age-associated ...


To extend on @BenCole comment, an interesting summary of different models of time perceptions can be found in this paper. Now these models are in a sense more descriptive than the fundamental biological hypothesis mentioned by caseyr547, so might not be ready to call these "explanations", depending on what you mean by the term. The models meant to give a ...

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