Interpersonal Chemistry - Social Exchange Theory

Social Exchange Theory

People's feelings toward a potential partner are dependent on their perception of rewards and costs, the kind of relationships they deserve, and their likelihood for having a healthier relationship with someone else. Rewards are the part of a relationship that makes it worthwhile and enjoyable. A cost is something that can cause irritation like a friend overstaying his welcome. Comparison level is also taken into account during a relationship. This suggests that people expect rewards or costs depending on the time invested in the relationship. If the level of expected rewards are minimal and the level of costs is high, the relationship suffers and both parties may become dissatisfied and unhappy. Lastly, the comparison of alternatives means that satisfaction is conditional on the chance that a person could replace the relationship with a more desirable one.

Read more about this topic:  Interpersonal Chemistry

Famous quotes containing the words social, exchange and/or theory:

    After experience taught me that all the ordinary
    Surroundings of social life are futile and vain;
    William Dewitt Snodgrass (b. 1926)

    The press and politicians. A delicate relationship. Too close, and danger ensues. Too far apart and democracy itself cannot function without the essential exchange of information. Creative leaks, a discreet lunch, interchange in the Lobby, the art of the unattributable telephone call, late at night.
    Howard Brenton (b. 1942)

    The great tragedy of science—the slaying of a beautiful theory by an ugly fact.
    Thomas Henry Huxley (1825–1895)