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Summary Social Exchange Theory

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A summary of Social Exchange Theory in relation to social work.

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Social Exchange Theory

Social Exchange Theory is a sociological and psychological theory that explains
social relationships as the result of individuals evaluating the rewards and costs
associated with interactions. The theory proposes that people seek to maximise
benefits, such as emotional support, companionship or security, while minimising
costs, including conflict, stress, time or financial burden. Relationships are
therefore maintained when the perceived rewards outweigh the perceived costs
and are more likely to deteriorate when individuals believe the balance has
become unfavourable. Within social work, Social Exchange Theory helps
practitioners understand why individuals remain in, leave or change relationships
and how social interactions influence behaviour, wellbeing and decision making
(Homans, 1958).

Social Exchange Theory originated through the work of sociologist George
Homans during the 1950s and was later developed by Peter Blau and Richard
Emerson. Homans argued that many aspects of human behaviour could be
understood through principles of reward and reinforcement, suggesting that
individuals are more likely to repeat behaviours that produce desirable outcomes
(Homans, 1958). Blau expanded the theory by emphasising the importance of
social relationships, trust and reciprocal obligations, while Emerson highlighted
the role of power and dependency within exchanges between individuals (Blau,
1964).

A central principle of Social Exchange Theory is the cost-benefit analysis.
Individuals consciously or unconsciously evaluate the potential rewards and
disadvantages of relationships and interactions. Rewards may include affection,
emotional support, financial security, companionship, approval or access to
resources. Costs may involve emotional distress, conflict, loss of independence,
financial strain or personal sacrifice. People generally seek relationships where
rewards are perceived to outweigh costs, although these perceptions differ
between individuals and situations.

Another important concept is reciprocity, which refers to the expectation that
support, kindness or resources exchanged within relationships will be returned
over time. Healthy relationships are often characterised by mutual support and
balanced exchanges. However, when one individual consistently gives more than
they receive, feelings of dissatisfaction, resentment or exploitation may develop.

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