Exchange relationship refers to a relationship governed by the need for equity (i.e., for an equal ratio of rewards and costs)

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Equity theory at psychology-glossary.com■■■■■■■■
The Equity theory refers to a social exchange Theory that asserts that people seek and are most satisfied . . . Read More
Social exchange theory at psychology-glossary.com■■■■■■
Social exchange theory refers to a theory, based on the principle of reinforcement , that assumes that . . . Read More
Comparison level (CL) at psychology-glossary.com■■■■
Comparison level (CL) is a term used in Kelley and Thibaut's 1978 Interdependence model , the minimum . . . Read More
Investment model at psychology-glossary.com■■■■
Investment model refers to the theory holding that people's commitment to a relationship depends on their . . . Read More
Minimax principle at psychology-glossary.com■■■■
Minimax principle refers to the tendency to prefer relationships and group memberships that provide the . . . Read More
Gigolo at psychology-glossary.com■■■
Gigolo refers to a man who is hired to have a sexual relationship with a woman and receives financial . . . Read More
Negotiation at psychology-glossary.com■■■
Negotiation is defined as a form of communication between opposing sides in a conflict in which offers . . . Read More
Equity norm at psychology-glossary.com■■■
Equity norm refers to a social standard that encourages distributing rewards and resources in proportion . . . Read More
Equity at psychology-glossary.com■■■
Equity refers to a condition in which the outcomes people receive from a relationship are proportional . . . Read More
Outcome Level (OL) at psychology-glossary.com■■■
Outcome Level (OL) is a term in Kelley and Thibaut's (1978) Interdependence model that refers to the . . . Read More