Search results
Results from the WOW.Com Content Network
Social decision-making is a concept that involves business decisions with a key aspect of social and organizational psychology. Decision-making is the act of evaluating different ideas or alternatives and ultimately choosing the alternative that will most likely get you to your goal (Kahneman).
Public choice theory is often used to explain how political decision-making results in outcomes that conflict with the general public's preferences. For example, many advocacy group and pork barrel projects are opposed by a majority of the populace, but it makes sense for politicians to support these projects.
However, Arrow's theorem is substantially broader, and can be applied to methods of social decision-making other than voting. It therefore generalizes Condorcet's voting paradox, and shows similar problems exist for every collective decision-making procedure based on relative comparisons. [1]
Decision conferencing is a common approach in decision analysis. It is a socio-technical process to engage key players in solving an issue of concern by (1) developing a shared understanding of the issue, (2) creating a sense of common purpose, and (3) generating a commitment to the way forward. It consists in a series of working meetings ...
Campbell's law is an adage developed by Donald T. Campbell, a psychologist and social scientist who often wrote about research methodology, which states: . The more any quantitative social indicator is used for social decision-making, the more subject it will be to corruption pressures and the more apt it will be to distort and corrupt the social processes it is intended to monitor.
When past experiences are practically exclusively judged on how the agent was affected at the peak (both unpleasant and pleasant) and the end of event, creating a natural bias in the decision-making process as the whole experience is not analysed. [26] Familiarity heuristic. The agent's approach to solve a social decision in which they have ...
Decision-making processes were found to be very sensitive to variations in energy and time. [1] Decision makers and problems were also found to seek each other out, and continue to find each other. [1] Three key aspects of the efficiency of the decision process are problem activity, problem latency, and decision time. [1]
The social identity approach suggests a more general approach to group decision-making than the popular groupthink model, which is a narrow look at situations where group and other decision-making is flawed. Social identity analysis suggests that the changes which occur during collective decision-making are part of rational psychological ...