SOCIAL EXCHANGE THEORY

a theory that envisions social interactions as an exchange where the people seek to maximise their benefits within the limits of what is fair and just. People are expected to reciprocate for benefits received.

SOCIAL EXCHANGE THEORY: "In social exchange theory people are expected to reciprocate."
Cite this page: Nugent, Pam M.S., "SOCIAL EXCHANGE THEORY," in PsychologyDictionary.org, April 13, 2013, https://psychologydictionary.org/social-exchange-theory/ (accessed June 25, 2017).
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