Equity theory Flashcards

1
Q

AO1 - what is equity theory

A

another economic theory of relationships that suggests that partners are concerned about fairness in relationships

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2
Q

AO1 - Walster (1978) - how is fairness achieved

A

when people feel they get the same level of profit as their partner

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3
Q

AO1 - what did walster argue about fairness in a relationship

A

one partners rewards minus their costs = the same as the others
(profit:profit)

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4
Q

AO1 - equity is about fairness of ratios

A

it is not about the number of rewards and costs but rather about the balance between them

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5
Q

AO1 - perception of equity changes over time

A

what seemed unfair in the beginning may become a norm as relationships progress or the partner who gives more may start working even harder on the relationship until the balance is restored

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6
Q

AO1 - correlation between inequity and dissatisfaction

A
  • the greater the perceived inequity the greater the dissatisfaction
  • equity theory predicts a strong correlation between the 2
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7
Q

AO1 - restoring equity

A
  • distribution
  • realignment
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8
Q

AO1 -

A
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