What is social exchange theory?

What is social exchange theory?

Social exchange theory is a social psychological and sociological perspective that explains social behavior in terms of the exchange of resources. It suggests that human relationships are formed by the use of a subjective cost-benefit analysis and the comparison of alternatives.

Can you give me an example of social exchange theory in real life?

Sure! A common example is in friendships. If one friend consistently helps another with tasks, the first friend may expect support in return. If the balance of giving and receiving becomes unequal, the friendship may weaken.

How does this theory apply to romantic relationships?

In romantic relationships, partners often evaluate their satisfaction based on the perceived rewards (love, support) versus the costs (time, effort). If one partner feels they are giving more than they receive, it may lead to dissatisfaction.

What are some criticisms of social exchange theory?

Critics argue that social exchange theory oversimplifies human relationships by reducing them to mere transactions. It may not account for altruism or emotional bonds that don't involve a cost-benefit analysis.