Search results
Results from the WOW.Com Content Network
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]
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.
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 ...
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.
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.
Exchange Theory is the "perspective that individuals seek to maximize their own private gratifications. It assumes that these rewards can only be found in social interactions and thus people seek rewards in their interactions with each other". [21] Homans' Exchange Theory propositions are partially based on B.F. Skinner's behaviorism.
Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!
In social exchange theory the effect of ethical leadership on followers is explained by transactional exchanges between the leader and their followers. The leader's fairness and caring for followers activates a reciprocatory process, in which the followers act in the same manner towards the leader.