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The elements of relational life include: Costs are the elements of relational life that have negative value to a person, such as the effort put into a relationship and the negatives of a partner.(Costs can be time, money, effort etc.) Rewards are the elements of a relationship that have positive value.
These books about relationships are great for women interested in reading about family drama, marriage and the struggles that shape relationships.
Social exchange process brings satisfaction when people receive fair returns for their expenditures.
The major difference between social and economic exchange is the nature of the exchange between parties.
Richard Emerson's early work on the theory intertwined with both Homans and Blau's ideas.
Homans believed that social exchange theory was based on reinforcement principles.