collectivechoice
Collective choice is the process by which a group determines a common course of action or social outcome by aggregating the preferences, information, and constraints of its members. It contrasts with individual choice, which concerns a single decision maker. Collective choice can be formal, through elections, referendums, and votes, or informal, through deliberation, bargaining, and consensus-building.
Theoretical foundations and methods: Social choice theory studies how individual preferences map to social outcomes. Key
Mechanisms and processes: Collective choice can occur through formal procedures such as elections and policy referenda,
Applications and challenges: Collective choice appears in political democracies, international organizations, corporate governance, and community groups.