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Q: What are your thoughts on the social-exchange analysis of relationships and families?

The rudimentary concepts addressed in communal exchange theory are: Cost, advantage, conclusion, evaluation grade, Satisfaction, and Dependence. Benefits include things such as material or economic profits, social rank, and emotional comforts. Costs generally comprise of forfeitures of time, cash, or lost opportunities. Outcome is defined to be the distinction between the benefits and the costs:

OUTCOME = advantages - COSTS

Note that because persons have distinct anticipations of relationships, an individual's approval with a connection counts on more than just the outcome. This notion of approval is formalized as the ...