Social Exchange Theory
Social Exchange Theory is a social psychology concept that views relationships as transactions where individuals seek to maximize benefits and minimize costs. People evaluate their interactions based on rewards (like companionship or support) and costs (such as time or effort). If the perceived rewards outweigh the costs, the relationship is likely to be valued and maintained. Conversely, if costs outweigh rewards, individuals may reconsider their commitment. Ultimately, this theory suggests that our social behavior is driven by a rational assessment of the value we receive from our relationships.
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Social exchange theory is a concept in social psychology that suggests people form and maintain relationships based on a cost-benefit analysis. It posits that individuals seek to maximize rewards (like love, support, and companionship) while minimizing costs (such as time, effort, and emotional strain). In essence, people evaluate their interactions and relationships by weighing the benefits they receive against what they invest. If the perceived rewards outweigh the costs, the relationship is likely to be sustained; if not, individuals may choose to distance themselves or end the relationship.