A theory that explains how relationships are formed and developed. It measures the reward-cost benefit of a relationship.
It is assumed that when the rewards outweigh the costs, a relationship is maintained and a stable point is achieved.
Thibault and Kelley
Behaviour in relationships reflect economic exchange in relationships
Rewards include companionship, sex and support
However, rewards and costs can be subjective
Opportunity cost - your investment of time and energy into the currentrelationship means that resources cannot be used to invest elsewhere
Comparison level
amount of reward that we believe that we deserve as a result of the investment we give into a relationship
develops from experiences in our previous relationships
also influenced by social norms
we consider if a r.s. is worth pursuing if our C.L. is high, and this is directly linked with self-esteem
e.g. someone with a high self esteem believes that they are worth a lot more
Comparison level for alternatives
provides a wider context for the relationship
do we believe that we could get greater rewards and fewer costs from our current relationship?
SET suggests that we only stay in relationships if we believe that the alternatives are less rewarding.
Sprecher
longitudinal study on 101USA university students
found that the relationship exchange variable most linked to commitment was comparison level for alternatives
if CLA was high, relationship satisfaction would be low
Kurdek
gay, heterosexual, lesbian couples did a questionnaire
found that partners who were most committed also perceived the most rewards and the fewest costs
also viewed alternatives as highly unattractive which confirms the SET theory in a variety of relationships
Hard to classify
hard to classify costs and benefits as they arenot fixed
an individual's perceptionmediates what constitutes as a cost or a benefit
what can be seen as "sweet" at the start of a relationship can easily be seen as annoying later on
Other factors
other factors that contribute to our relationships and our perception of rewards and costs
individual differences of tolerating a low ratio of benefits to costs
some people are easier to please and get enjoymeny from fiving as they may be compromising and/or have a supportive personality
Contrasting theory
equity theory which questions the idea that we need to profit from a relationship, rather, it suggests a balance between what we put into the relationship and what we gain from it
Rusbult
suggests that the SET does not apply to the early stages of a relationship, rather it applies to the relationship maintenance
Ps completed questionnaires over a 7 month period about rewards and costs benefit
didnt explain honeymoon phase but explained it later on
Value
can be used by couples in counselling to break the negative patterns of behaviour that cause problems
intergrated behavioural couples therapy - couples are guided on how to increase the proportion of positive exchange and decrease negative exchange