Kurdek & Schmitt (1986) investigated relationship quality in 185 couples; each couple was cohabiting but fell into two of four categories: married or not married, and heterosexual or same-sex partners
Using individually completed questionnaires, Kurdek et al (1986) found greater relationship satisfaction was strongly associated with the perception of type and quantity of benefits in the current relationship (CL) and seeing alternative relationships as less attractive than the current relationship (CLalt)
This research not only supports social exchange theory as an explanation of romantic relationships, but also shows that the factors which predict satisfaction are the same in different types of relationships, giving further credibility to the theory
It is almost impossible to decide the satisfaction of a relationship by the 'costs' and the 'benefits' as these factors are simply too difficult to operationalise and measure, thus social exchange theory is seriously undermined
Utilises the principles of social exchange theory to increase the number of positive exchanges and decrease the amount of negative exchanges within a relationship
An economic theory of relationships developed in response to criticism of Social Exchange Theory, which suggests that people want fairness in a relationship, not just maximising rewards and minimising costs
People want to ensure fairness in their relationship, where each partner experiences a balance between their costs and their rewards
The goal of the relationship is not for profit but for fairness
If one partner puts in a lot and gains a lot and the other partner puts in less but gains less, the profitability for each partner is said to be equitable