Social Exchange Theory
A) Using the ITT Tech Virtual Library and any other research tools you find useful, investigate Social Exchange Theory.
The following keywords may be beneficial in your research:
Cost-benefit analysis or cost-reward analysis
Distributive justice
George Homans
Peter Blau
John Thibaut
Harold Kelley
B) Create an MS Word document and, across the top of the document, define Social Exchange Theory as it applies to Group Theory.
C) Based on your research, were there any elements of Social Exchange Theory which you didn’t quite understand or thought were particularly vague? Below the definition in your MS Word document, create a numbered list of at least five (5) questions you have about Social Exchange Theory.
If you found the theory to be easy to understand and you cannot think of any elements you struggled with, come up with a list of elements of the theory which you found interesting or unique.
D) Print out this document and bring it to class for Unit 7. At the end of the Social Exchange Theory group’s presentation, you will ask any questions which they did not address or which you still find a little vague or confusing.
E) At your instructor’s discretion, upload this document to an Internet site at least three days before next week’s class meeting. The presenting group will then be able to access your definition and questions, and will be able to refine their presentation so that it addresses the confusing elements of the theory for the class.