Equity Theory

• Equity theory - founded by Walster et al
• the role of equity

  • SET is an economic model - behaviour is down to a series of exchanges
  • equity theory - people want a fairness in the relationship
  • without this equity, both partners can feel distressed
• equity does not = equality
• equity = fairness
• equity

  • having the same profit level
• profit = benefits - costs
• research suggests there is a strong correlation between perceived inequality and dissatisfaction
• dealing with inequality

  • behavioural
  • if you get less from a relationship, you will work harder
  • cognitive
  • changing perception of the costs