Interpersonal Decision-Making and Happiness

Kazuhisa Takemura
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Kazuhisa Takemura: Waseda University

Chapter Chapter 17 in Behavioral Decision Theory, 2021, pp 285-333 from Springer

Abstract: Abstract This chapter will discuss interpersonal decision-makingInterpersonal decision-making and happinessHappiness. In a society, people communicate with each other. However, as the number of members increases from two to more than three, the number of interactionInteraction combinationsCombination increases dramatically, and the way of communication becomes more complex. In addition, communication may take place strategically in situations that are assumed in game theoryGame theory, which assumes that each person’s interests are in conflict and that they behave strategically. Nonetheless, communication with each other can lead to increased trust, eliciting cooperationCooperation, and to some extent reducing the emergence of social dilemmasSocial dilemma. Game theoryGame theory as a theoretical perspective for dealing with the interactionInteraction of decision makers will be explained, and finally, the study of happinessHappiness as it relates to people’s social welfareSocial welfare and social preferenceSocial preference will be mentioned.

Keywords: Interpersonal decsision-making; Group decision; Game theory; Social dilemma; Social preference; Happiness (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-16-5453-4_17

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DOI: 10.1007/978-981-16-5453-4_17

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