Rationalizing Decision Choices: What Influences our Social Decision Making?

Chatterjee, Sidharta (2022): Rationalizing Decision Choices: What Influences our Social Decision Making?

Abstract

The goal of this paper is to examine and analyze how certain factors influence our social decision making process. I undertake an investigative study into the dynamics of rational choice theory which is behind making decisions rationally productive. The research touches on the foundational concepts of Social Choice Rationality—the theory that is grounded on searching and making choices socially rational for the decision maker. The welfare functional component of social choice theory underlying rational decision making have been examined, and new knowledge have been derived from the analysis that could be helpful for making collective decisions which concern public policy and social welfare.

• Item Type: MPRA Paper
• Language: English
• Keywords: Decision choice, rational choice theory, rational intelligence, social choice theory, social choice rationality.
• Subjects: I - Health, Education, and Welfare > I3 - Welfare, Well-Being, and Poverty; I - Health, Education, and Welfare > I3 - Welfare, Well-Being, and Poverty > I30 - General; I - Health, Education, and Welfare > I3 - Welfare, Well-Being, and Poverty > I31 - General Welfare, Well-Being

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