Types of rewards we seek/ gain out of relationships.

Think back to the types of rewards we seek/ gain out of relationships. Which of these rewards do you think you most often seek/ value in your interpersonal relationships and why?
Describe how you see this theory playing out in your own interpersonal relationships.

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Rewards Sought in Relationships and Social Exchange Theory

Rewards Sought in Relationships

In my interpersonal relationships, I primarily value emotional support and companionship. Emotional support, such as empathy, understanding, and encouragement, is crucial for my well-being. It helps me cope with stress, celebrate successes, and navigate life’s challenges. Companionship, the sense of belonging and shared experiences, is equally important. Spending quality time with loved ones, engaging in shared activities, and simply being present for one another strengthens our bonds and enriches our lives.

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Social Exchange Theory

Social Exchange Theory, proposed by John Thibaut and Harold Kelley, suggests that relationships are based on a cost-benefit analysis. Individuals weigh the rewards and costs of a relationship to determine its value. Rewards can include emotional support, companionship, material benefits, and social status. Costs can include time, energy, and emotional investment.

In my own relationships, I see Social Exchange Theory at play in the way I balance give-and-take. I strive to maintain equitable relationships where both parties contribute and benefit. If I feel that the costs outweigh the rewards in a particular relationship, I may reevaluate my investment.

For instance, when I’m considering spending time with a friend, I weigh the potential benefits (e.g., emotional support, fun, relaxation) against the costs (e.g., time commitment, energy expenditure). If the benefits outweigh the costs, I’m more likely to prioritize the relationship. However, if the costs consistently outweigh the rewards, I may choose to limit my interactions with that person.

By understanding the principles of Social Exchange Theory, I can make more informed decisions about my relationships and strive for mutually beneficial connections.

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