Social Exchange Theory - 12 Theoretical Propositions

12 Theoretical Propositions

Ivan Nye came up with twelve theoretical propositions that aid in understanding the exchange theory.

  1. Individuals choose those alternatives from which they expect the most profit.
  2. Cost being equal, they choose alternatives from which they anticipate the greatest rewards.
  3. Rewards being equal, they choose alternatives from which they anticipate the fewest costs.
  4. Immediate outcomes being equal, they choose those alternatives that promise better long- term outcomes.
  5. Long-term outcomes being perceived as equal, they choose alternatives providing better immediate outcomes.
  6. Costs and other rewards being equal, individuals choose the alternatives that supply or can be expected to supply the most social approval (or those that promise the least social disapproval).
  7. Costs and other rewards being equal, individuals choose statuses and relationships that provide the most autonomy.
  8. Other rewards and costs equal, individuals choose alternatives characterized by the least ambiguity in terms of expected future events and outcomes.
  9. Other costs and rewards equal, they choose alternatives that offer the most security for them.
  10. Other rewards and costs equal, they choose to associate with, marry, and form other relationships with those whose values and opinions generally are in agreement with their own and reject or avoid those with whom they chronically disagree.
  11. Other rewards and costs equal, they are more likely to associate with, marry, and form other relationships with their equals, than those above or below them. (Equality here is viewed as the sum of abilities, performances, characteristics, and statuses that determine one's desirability in the social marketplace.)
  12. In industrial societies, other costs and rewards equal, individuals choose alternatives that promise the greatest financial gains for the least financial expenditures.

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