Social Exchange Theory

Cards (7)

  • Social Exchange Theory
    Made up of economic terminology, rewards and costs
  • Comparison level
    based on a persons idea of how much rewards they deserve to receive out of a relationship. It is a subjective understanding and depends on situational experiences for an individual
  • Comparison level for alternatives
    Concerns a persons perception of whether other potential relationships would be more rewarding than their current relationship
  • Sampling
    When ppl explore potential rewards and costs of relationships, not just romantically, either by direct experience or observation of others
  • Bargaining
    Partners exchange rewards and costs, figuring out the most profitable exchanges and negotiating the dynamics of the relationship
  • Commitment
    When the relationship becomes more stable because we are now familiar with the rewards and costs of the relationship with our partner. Rewards will increase and costs will lessen
  • Institutionalisation
    When costs and rewards are firmly established