the notion that humans interact in such a way as to minimize costs and maximize rewards to the self is referred to as the:

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07-12-2022
Social Studies

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the notion that humans interact in such a way as to minimize costs and maximize rewards to the self is referred to as the:

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abhinavjh321 abhinavjh321 · Answer 1 · 2022-12-15T13:50:25-05:00

The notion that humans interact in such a way as to minimize costs and maximize rewards to the self is referred to as the: the social-exchange theory.

A cost-benefit analysis is used by two parties to identify the risks and rewards in the social conduct they exhibit when interacting, according to the sociological and psychological theory known as social exchange theory. The cost-benefit analysis happens when each party has goods that the other parties value when there are economic links involved. According to social exchange theory, these calculations take place in intimate connections, friendships, working partnerships, and transitory relationships as straightforward as speaking with a consumer at the register. According to social exchange theory, a relationship may end or be abandoned if the costs of the relationship are greater than the benefits, such as if a lot of time or money was invested in it without receiving anything in return.

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