Social exchange theory provides a framework to understand how people navigate their interpersonal relationships. According to this theory, individuals enter and maintain relationships by weighing the rewards and costs associated with them. These rewards can come in various forms, such as emotional support, companionship, or even social status, while costs might consist of time investment, emotional strain, or the potential for conflict.
Building on this foundation, the theory suggests that people strive for relationships that offer the most rewards with the least amount of costs. It's a bit like a balancing act—seeking connections that bring us joy, comfort, and satisfaction while avoiding or limiting those that drain us emotionally or otherwise.
In assessing interpersonal relationships, multiple factors are considered:
- Emotional investment and the emotional return
- The balance of power and control in the relationship
- Compatibility and shared interests
- Communication and conflict resolution
- Expectations and the extent to which they are met
Understanding these dynamics is crucial not just in one-to-one relationships, but also in group settings and broader social networks.