Question

what is social exchange theory

Answer 1

Social exchange theory is a social psychological perspective that explains human interactions and relationships in terms of rewards and costs. According to this theory, individuals engage in relationships in which they receive rewards and benefits in exchange for giving rewards and benefits to others. The theory posits that individuals are rational actors who weigh the potential rewards and costs of relationships, and will continue to engage in relationships that are perceived as beneficial while avoiding those that are not. Social exchange theory is often used to explain various aspects of human behavior, such as friendship formation, romantic relationships, and workplace dynamics.