PSY 226 Lecture Notes - Lecture 1: Positive Tone, Equity Theory, Jeremy Rifkin
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[week 12: monday, november-17-14: close relationships; chapter 9] The social exchange theory suggests that how people feel about their relationships depends on: Their perception of the rewards and costs of the relationship. Their chances of having a better relationship with someone else. The reward/cost ration, in social exchange theory is the notion that there is a balance between: The rewards that come from a relationship & Comparison levels are people"s expectations about the level of rewards and punishments they deserve in a relationship. Comparison level for alternatives is people"s expectations about the level of rewards and punishments they would receive in an alternative relationship. The investment model suggests that people"s commitment to a relationship depends on: Their satisfaction with the relationship in terms of rewards, costs and comparison levels for alternatives o: how much they have invested in the relationship that would be lost by leaving it o.
