social exchange theory

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Last updated 10:58 AM on 9/22/26
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17 Terms

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Social exchange theory

Thibaut and Kelley 1959

Rewards-costs=outcome

Commitment dependent upon profitability

Economic theory

Maximise profits and minimise costs

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Thibaut and Kelley 1959

Maximise rewards they obtain and minimise the costs

When people receive rewards from others they feel obliged to reciprocate

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Rewards

Companionship

Intimacy

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Costs

Missed opportunities

Time

Money

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4 stage model

Sampling

Bargaining

Commitment

Institutionalisation

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Sampling explore rewards and costs in a variety of relationships

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Bargaining

Negotiates and agrees the rewards and costs

Marks start of relationship where partners start to exchange

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Commitment

Settles into relationship and exchange of reward becomes predictable

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Institutionalisation

Norms and expectations are firmly established

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Comparison level

how we measure profit in a romantic relationship

How much reward you believe you deserve to get

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Comparison level for alternatives

Duck 1994

If we believe we could gain a greater reward from another relationship

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Sprecher 2001

Longitudinal study of 101 couples

Found CLT ALT was most importent variable in relationship satisfaction

Showed CLT ALT was negatively correlated with satisfaction and commitment to the relationship

If commitment is high then alternatives are low and vice versa

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