Somewhat relatedly, I think I heard on some old Skeptic's guide to the universe episode about an experiment with some nootropic, maybe it was a racetam though I think it was mondafinil, and this kind of reaction time to response accuracy tradeoff was observed, on young healthy adults. Those with less correct answers slowed down, presumably concentrated better and gave better answers, but those already good at whatever the task was simply were slower and yet no better.
But actually looking for it now, the particular study I had in mind seems to be from a science or fiction segment from this episode:
http://media.libsyn.com/media/skepticsguide/skepticast2014-1...
Interesting to see how Steve's assesment of modafinil evolved between the two episodes
As if there are no physiological factors at play?
I mean, tons of studies have shown declining mental capacity, degenerative diseases increase with age, etc. Even in animals that have no, or much less, "societal expectations for sharpness".