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Relationships
Maintenance of relationships
Economic theories
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Cards (4)
Name the 3 economic theories?
social exchange theory
equity theory
rusbults investment model
why are these theories economic theories?
Because
they use
economic concepts
eg
costs
,
rewards
what do these economic theories suggest?
That
relationships
are
run
in a
similar
way to a
business
- people are
haggling
&
negotiating
in order to get the
best deal
What do economic theories describe relationships as?
a series of
exchanges
aiming at
balancing rewards
and
costs
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