Lecture Notes 062606 - Katie Kerr SOC 302 June 26, 2006...

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Katie Kerr SOC 302 June 26, 2006 Exchange Theory Operates on the assumption that in exchanges, we will try to maximize our  gains and minimize our costs Basic Propositions: - Assuming that the exchange is voluntary, people will not enter into the  exchange or the exchange will not be repeated unless all parties  perceive that the benefits of the exchange are at least equal to the cost - In the absence of restraints, cheating is expected to occur in exchange  relationships o Cheating: taking without giving anything in return; taking  significantly more than we give o Restraints that keep us from cheating The advantages of our exchange relationships Population density Absolute numbers o Feeling that you have been cheated tends to break down solidarity o Repeated fair exchanges will create a stronger sense of  attachments (the law of liking) o Although the repeated exchanges will cause increases in the 
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This note was uploaded on 04/21/2008 for the course SOC 302 taught by Professor Langenkamp during the Summer '08 term at University of Texas at Austin.

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Lecture Notes 062606 - Katie Kerr SOC 302 June 26, 2006...

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