Category Archives: Social decision

Decision-Making Processes in Social Contexts

Over the past half-century, scholars in the interdisciplinary field of Judgment and Decision Making have amassed a trove of findings, theories, and prescriptions regarding the processes ordinary people enact when making choices. But this body of knowledge has had little … Continue reading

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How social cognition can inform social decision making

Social decision-making is often complex, requiring the decision-maker to make inferences of others’ mental states in addition to engaging traditional decision-making processes like valuation and reward processing. A growing body of research in neuroeconomics has examined decision-making involving social and … Continue reading

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A New Kind of Economy is Born – Social Decision-Makers (Homo Socialis) Beat the “Homo Economicus”

The Internet and Social Media change our way of decision-making. We are no longer the independent decision makers we used to be. Instead, we have become networked minds, social decision-makers, more than ever before. This has several fundamental implications. First … Continue reading

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