What is the social exchange theory?

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asked Jan 10 in Psychology by KaitlynRodri (2.0k points)

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answered Jan 10 by RoyalShu7550 (1.9k points)

The social exchange theory explains how humans make decisions based on maximising rewards and minimising costs in relationships with others. This theory was developed by George Homans.

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What is the social exchange theory?

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