Explore BrainMass
Share

Social Exchange Theory and Trust

This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

How well does Social Exchange Theory (X theory/Y theory) explain trust? What other perspectives could there be to understand trust?

© BrainMass Inc. brainmass.com March 21, 2019, 3:21 pm ad1c9bdddf
https://brainmass.com/business/developing-relationships-and-trust/social-exchange-theory-trust-150014

Solution Preview

Social Exchange Theory

Social exchange theory is based on the fundamental principle that the reason of human interaction is the exchange of social and material resources. Social exchange theory explains that negotiated exchange between parties results in social behavior or social change and constancy. The purpose behind this exchange process is to form the social relationship by maximizing the benefits and minimizing the costs. According to the social exchange theory, people use a subjective cost-benefit analysis to weigh the probable ...

Solution Summary

This solution provides a description of social exchange theory and how that may explain trust.

$2.19