Equity theory

• What type of theory is the Equity theory?

  Economic
• What was the Equity theory developed in response to?

  Criticism of the Social Exchange Theory
• What does Equity mean?

  Fairness
• What is the consequence of a lack of equity?

  One partner over benefits, the other under benefits
• What does over benefiting or under benefiting lead to?

  Inequity
• Who suggested to have equity both levels of profit must roughly be the same?

  Walster
• According to Walster, what must happen to have equity?

  Both levels of profit roughly the same
• When someone puts a lot into a relationship and receives a lot, they're likely to feel satisfied
• What is the consequence when a partner perceives inequity?

  Distress and dissatisfaction
• Greater perceived inequity = greater dissatisfaction
• Change in level of perceived equity = dissatisfaction
• How can a relationship be made more equitable?

  Revise perceptions of rewards and costs