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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]
Sexual economics is based on social exchange theory: it alleges that people are willing to give up something if they can get in exchange what they believe will benefit them more. [5] The theory rests on the belief that typically one party is more eager to exchange resources for what the other party holds, thus causing a bargaining power ...
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 comparison theory – suggests that humans gain information about themselves, and make inferences that are relevant to self-esteem, by comparison to relevant others. Social exchange theory – is an economic social theory that assumes human relationships are based on rational choice and cost-benefit analyses. If one partner's costs begin ...
The Gift has been very influential in anthropology, [3] where there is a large field of study devoted to reciprocity and exchange. [4] It has also influenced philosophers, artists, and political activists, including Georges Bataille, Jacques Derrida, Jean Baudrillard, and more recently the work of David Graeber and the theologians John Milbank and Jean-Luc Marion.
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.
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.