Social exchange theory refers to a theory, based on the principle of reinforcement , that assumes that people will choose actions that maximize rewards and minimize costs; theory that seeks to understand social behavior by analyzing the costs and benefits of interacting with each other. Moreover, Social exchange theory is the theory which holds that how people feel about a relationship depends on their perceptions of the rewards and costs of the relationship, the kind of relationship they deserve, and their chances for having a better relationship with someone else; a theory stating that rewards must exceed costs for relationships to endure; the idea that interpersonal relationships are governed by perceptions of the rewards and costs exchanged in interactions .

Related Articles

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
Prevention at psychology-glossary.com■■■■■■■
Prevention: Prevention in the assessment, Diagnosis and treatment of abnormal behaviors, refer to several . . . Read More
Exchange relationship at psychology-glossary.com■■■■■■
Exchange relationship: Exchange relationship refers to a relationship governed by the need for equity . . . Read More
Social dilemma at psychology-glossary.com■■■■■■
Social dilemma: Social dilemma refers to a situation in which the most beneficial action for an individual . . . Read More
Mitwelt at psychology-glossary.com■■■■■■
Mitwelt: Mitwelt refers to Binswanger's (1963) term for the realm of social interactions. A way in which . . . Read More
Extraversion at psychology-glossary.com■■■■■■
Extraversion: Extraversion is defined as one of the two (2) major attitudes or orientations of personality . . . Read More
Postmodernism at psychology-glossary.com■■■■■■
Postmodernism: Postmodernism refers to a philosophical position that does not assume that there is a . . . Read More
Ethics at psychology-glossary.com■■■■■■
Ethics: Ethics refers to the study of what we understand to be good and right behavior and how people . . . Read More
Instrumental conditioning at psychology-glossary.com■■■■■■
Instrumental conditioning: Instrumental conditioning refers to the case whereby behaviors that people . . . Read More
Ecological psychotherapy at psychology-glossary.com■■■■■■
Ecological Psychotherapy refers to a model for assessment, problem formulation, and treatment planning . . . Read More