4-13 - Social Exchange Theory It is all about economics...

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Social Exchange Theory It is all about economics – Certain things you look for in a partner/friend; support and there are certain aspects that you don’t like about them. In social relationships we are constantly exchanging resources – (ex. If someone is on the phone and they aren’t letting you talk then there is only one sided reward) We seek rewards – We are trying to find relationships to be rewarding for us. Hoping overall will be beneficial/positive. Relational partners are viewed as (practical) buys in the marriage marketplace – The person we end up being with in the end is the ‘buy’ in the economical market. Comparisons Comparison Level – What are the rewards and what are the costs for being with this person. Comparing your internal standards and your relationship What you think you currently want. Comparison Level for Alternatives - Comparison between your relationship and all available alternative relationships, plus the alternative of being alone Expected outcome for all relationships. What could this person offer
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This test prep was uploaded on 04/16/2008 for the course CMS 315M taught by Professor Daly during the Spring '07 term at University of Texas at Austin.

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4-13 - Social Exchange Theory It is all about economics...

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