A social psychological theory proposing that human relationships are formed and maintained based on a cost-benefit analysis of rewards and costs.
From Latin 'socialis' (allied) + 'excambiare' (to exchange) + Greek 'theoria.' Relationships as exchanges.
Social exchange theory says relationships are like economics — you weigh the rewards against the costs. If the benefits outweigh the costs, you stay. Harsh but often true!
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