Relationships - Social Exchange Thoery

Question 1

Who created the social exchange theory?

Answer 1

Thibault & Kelly

Question 2

What type of theory is the SE theory?

Answer 2

An economic theory

Question 3

What is the SE theory ?

Answer 3

Eco theory of relationships describing relationships using economic terminology e.g. rewards - cost = profit

Question 4

Are the rewards or profit objective or subjective?

Answer 4

Subjective

Question 5

What is the principle which claims that partners in a relationship strive to minimise losses and maximise rewards?

Answer 5

The Minimax principle

Question 6

What is the comparison level ?

Answer 6

Based on a persons idea of how much reward they believe they deserve.

Question 7

What effects the CL?

Answer 7

• romantic experiences
• cultural norms
• self esteem

Question 8

What does CLalt stand for ?

Answer 8

Comparison level of alternatives

Question 9

What is the comparison level of alternatives

Answer 9

The perception of not knowing whether a potential relationship or being single is more rewarding.

Question 10

What are the 4 stages Thibault and Kelly stay every relationship proceed through?

Answer 10

• Sampling , exploring potentials
• bargaining, exchange costs n rewards
• commitment, coming familiar with costs n rewards
• institutionalisation, settled down the current profit level is seen as the norm