05. Name, define and explain the components of social exchange theory and provide an example of a hypothetical relationship that would be impacted by the components.

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4 Terms

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Reward vs. Cost:

We stay in relationships when rewards (love, support) are bigger than costs (fights, sacrifices).​

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Comparison Level (CL):

What we expect a relationship to be like. If our relationship is better than our expectation, we are happy.​

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Comparison Level for Alternatives (CLalt):

How good we think other options are. If other options seem better, we might leave.​

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Example:

If someone is unhappy in their relationship and sees another potential partner offering more love and happiness, they might end their current relationship because of a high CLalt.