Social preferences shape behavioral principles in various aspects of society. Therefore, it is important to understand the determinants of social preferences to ensure the overall efficacy of any organizations. However, little is known about how repeated daily interactions foster social...

Abstract. This paper extends Harsanyi’s Impartial Observer Theorem by introducing Knightian Uncertainty in the form of individual belief systems. It features an axiomatic framework of societal decision-making in the presence of individual uncertainty. The model allows the analysis of scenarios...