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Affect theory of social exchange complements social exchange theory by incorporating emotion as part of the exchange process. Formalized by Lawler (2001), the affect theory examines the structural conditions of exchange that produce emotions and feelings and then identifies how individuals attribute these emotions to different social units ...
The importance of affection and affection communication could explain some of the reasons that Floyd introduced the affection exchange theory. Floyd explains, “affection exchange theory treats affectionate communication as an adaptive behavior that contributes to humans’ long-term viability and procreative success” (Floyd, 2001, p. 40).
Interdependence theory is a social exchange theory that states that interpersonal relationships are defined through interpersonal interdependence, which is "the process by which interacting people influence one another's experiences" [1] (Van Lange & Balliet, 2014, p. 65). The most basic principle of the theory is encapsulated in the equation I ...
Social Exchange and Rational Choice Theory both comes down to an individual's efforts to meet their own personal needs and interests through the choices they make. Even though some may be done sincerely for the welfare of others at that point of time, both theories point to the benefits received in return.
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The market and the result of individual actions provided the conditions for libertarian principles of just acquisition and exchange (contained in his Entitlement Theory) will have as a result a distribution that will be just, without the need for considerations about the specific model or standard it should follow.
The leader–member exchange (LMX) theory is a relationship-based approach to leadership that focuses on the two-way relationship between leaders and followers. [1]The latest version (2016) of leader–member exchange theory of leadership development explains the growth of vertical dyadic workplace influence and team performance in terms of selection and self-selection of informal ...
According to the social exchange theory, group membership will be more satisfying to a new prospective member if the group's outcomes, in terms of costs and rewards, are above the individual's comparison level. As well, group membership will be unsatisfying to a new member if the outcomes are below the individual's comparison level.