Diotic (SoNo) thresholds and dichotic (S pi N pi tau) thresholds were measured for young and old adults using a 500-Hz pure-tone signal and broadband burst masking noise at 37 dB SPL/Hz. In the dichotic condition both the signal and the masker were phase reversed and the masker was presented with an interaural delay of 0.25, 0.5, 0.75, 1, 1.25, 1.5, 1.75, 2, 3, or 5 ms. Masking-level differences (MLDs) were determined by subtracting dichotic thresholds from diotic thresholds. The SoNo thresholds for the old subjects did not differ significantly from those for the young subjects; however, when MLDs were plotted as a function of delay, the pattern of results differed significantly between young and old subjects. This difference in pattern was completely accounted for in terms of a delay-line version of Durlach's equalization and cancellation (EC) model [N. I. Durlach, in Foundations of Modern Auditory Theory, edited by J. V. Tobias (Academic, New York, 1972); B. A. Schneider and P. M. Zurek, J. Acoust. Soc. Am. 86, 1756-1763 (1989)] by assuming that temporal jitter increases with internal delay in young subjects but that it does not vary with the amount of internal delay in old subjects.