We review the evidence for the three principal theoretical contenders that vie to explain why and how working memory capacity is limited. We examine the possibility that capacity limitations arise from temporal decay; we examine whether they might reflect a limitation in cognitive resources; and we ask whether capacity might be limited because of mutual interference of representations in working memory. We evaluate each hypothesis against a common set of findings reflecting the capacity limit: The set-size effect and its modulation by domain-specificity and heterogeneity of the memory set; the effects of unfilled retention intervals and of distractor processing in the retention interval; and the pattern of correlates of working-memory tests. We conclude that---at least for verbal memoranda---a decay explanation is untenable. A resource-based view remains tenable but has difficulty accommodating several findings. The interference approach has its own set of difficulties but accounts best for the set of findings, and therefore appears to present the most promising approach for future development.Keywords: working memory, decay, resources, interference, individual differences WM Capacity 3 What Limits Working Memory Capacity?Working memory (WM) is the system that holds mental representations available for processing. Its limited capacity is a limiting factor for the complexity of our thoughts (Halford, Cowan, & Andrews, 2007;Oberauer, 2009). Measures of WM capacity have been identified as major determinants of cognitive development in childhood (Bayliss, Jarrold, Gunn, & Baddeley, 2003) and in old age (Park et al., 2002;Salthouse, 1994), as well as of individual differences in intellectual abilities (Conway, Kane, & Engle, 2003;Jarrold & Towse, 2006). Understanding why WM capacity is limited is therefore an essential step toward understanding why human cognitive abilities are limited, why individuals differ in these abilities, and how abilities develop over the lifespan.In this article we use the term WM capacity in a descriptive sense, referring to the fact that people can hold only a limited amount of mental content available for processing. The capacity limit is usually operationalized as a limit on how much new information people can remember over short periods of time (in the order of seconds), but there are reasons to believe (discussed below) that the capacity limit also applies to people's ability to make information in the current environment simultaneously available for processing.Hypotheses about what limits WM capacity can be organized into three groups: (1) Some theories assume that representations in WM decay over time, unless decay is prevented by some form of restoration process such as rehearsal. According to this view, WM has limited capacity because only a limited amount of information can be rehearsed before it fades away into an irrecoverable state (Baddeley, Thomson, & Buchanan, 1975;Schweickert & Boruff, 1986). (2) Alternatively, WM capacity has been characterized as a limited resourc...