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Social exchange theory views exchange as a social behavior that may result both in economic and social outcomes. [17] Social exchange theory has been generally analyzed by comparing human interactions with the marketplace. The study of the theory from the microeconomics perspective is attributed to Blau. [6]
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 ...
Empathy-altruism is a form of altruism based on moral emotions or feelings for others.. Social exchange theory represents a seemingly altruistic behavior which benefits the altruist and outweighs the cost the altruist bears.
George Caspar Homans (August 11, 1910 – May 29, 1989) was an American sociologist, founder of behavioral sociology, the 54th president of the American Sociological Association, and one of the architects of social exchange theory.
Social Exchange Theory models social interaction as a series of exchanges between actors who give one another rewards and penalties, which impacts and guides future behavior. George Homans' version of exchange theory specifically argues that behaviorist stimulus-response principles can explain the emergence of complex social structures.
Generalized exchange theory believes that there is a social consensus out of commonly shared value or lifestyle that exchange does not require an immediate reciprocity but promise another activity, which, after several iterations, closes the cycle.
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Karen Schweers Cook (born July 25, 1946, in Austin, Texas) is an American sociologist [1] and the Ray Lyman Wilbur Professor of Sociology at Stanford University. [2]In 2004 Cook received the Cooley-Mead Award for Distinguished Scholarship from the American Sociological Association.