Social exchange theory definition - consider, that
Ashley Crossman Updated January 14, Social exchange theory is a model for interpreting society as a series of interactions between people that are based on estimates of rewards and punishments. According to this view, our interactions are determined by the rewards or punishments that we expect to receive from others, which we evaluate using a cost-benefit analysis model whether consciously or subconsciously. Overview Central to the social exchange theory is the idea that an interaction that elicits approval from another person is more likely to be repeated than an interaction that elicits disapproval. We can thus predict whether a particular interaction will be repeated by calculating the degree of reward approval or punishment disapproval resulting from the interaction. If the reward for an interaction exceeds the punishment, then the interaction is likely to occur or continue. Rewards can come in many forms: social recognition, money, gifts, and even subtle everyday gestures like a smile, nod, or pat on the back. social exchange theory definition.Navigation menu
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Quite good question
It was my error.