Social Decision Theory

Social Decision Theory explores how individuals and groups make choices that affect both themselves and others. It considers how social influences, relationships, and shared goals impact decision-making processes. This theory looks at factors like cooperation, conflict, fairness, and social norms, emphasizing that decisions are often motivated not just by personal gain but also by social considerations. It helps explain behaviors in contexts like negotiations, teamwork, and public policies, highlighting the interconnectedness of personal and social interests in shaping optimal outcomes for communities and society at large.