Classical game theory predicts that people inevitably act in their self-interest, leading to “Nash equilibrium.” Team reasoning theory suggests individual self-interest is not always foremost in the way people act as they will act in the best interest of their “team.” A recent study suggests that the latter is a better predictor of decision-making.
Decision Making: Is It All ‘Me, Me, Me’?
Classical game theory predicts that people inevitably act in their self-interest, leading to “Nash equilibrium.” Team reasoning theory suggests individual self-interest is not always foremost in the way people act as they will act in the best interest of their “team.” A recent study suggests that the latter is a better predictor of decision-making.