Social exchange theory

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Notion

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Science and technology

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What Wikipedia says

Social exchange theory is a sociological and psychological theory that explains how people behave in relationships by using cost–benefit analysis to determine risks and benefits, expecting that what they give will lead to a fair return, and treating social relationships like economic exchanges (for romantic relationships specifically, see sexual economics) in which each person controls things the other values and decides whether to continue the relationship based on how beneficial and fair the exchange feels over time.

Excerpt from the Wikipedia article “Social exchange theory”, under the CC BY-SA 4.0 license. Read the article on Wikipedia

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