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exchange processes  

Definition

  • Social exchange theory has been used to explain individuals' behavior across a broad range of interpersonal relationships. First proposed by sociologist George Homans in 1958, social exchange theory posits that all interpersonal interactions (e.g., romantic relationships, friendships, job relationships, interactions with strangers) are based on an exchange of goods or resources. [Source: Encyclopedia of Human Relationships; Exchange Processes]

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https://concepts.sagepub.com/social-science/concept/exchange_processes

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