Encyclopedia of Social Network Analysis and Mining

Living Edition
| Editors: Reda Alhajj, Jon Rokne

Exchange Networks

Living reference work entry
DOI: https://doi.org/10.1007/978-1-4614-7163-9_232-1

Synonyms

Glossary

Exchange relationship

Social relationship between two or more actors in which a surplus is produced and divided through exchange

Reciprocal exchange

Exchange without explicit negotiation about the terms of agreement

Negotiated exchange

Exchange with explicit negotiation about the terms of agreement

Productive exchange

Exchange in which all actors involved must contribute for any to benefit

Direct exchange

Direct reciprocation between two actors

Indirect exchange

Indirect reciprocation in a group of actors (e.g., A gives to B, who gives to C, who gives to A)

Power

Capability of one actor to overcome resistance on the part of another actor/payoff differential between actors resulting from exchange

Definition

Social exchange relationships can occur whenever two or more actors depend on each other for valuable outcomes. In empirical (mainly experimental) network exchange research, these actors are most...

Keywords

Centrality Measure Social Exchange Exchange Network Exchange Relation Nash Bargaining Solution 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.
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Recommended Reading

  1. Braun N, Gautschi T (2006) A nash bargaining model for simple exchange networks. Soc Networks 28(1):1–23CrossRefGoogle Scholar
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  6. Molm LD, Collet JL, Schaefer DR (2007) Building solidarity through generalized exchange. Am J Sociol 113:205–242CrossRefGoogle Scholar

Copyright information

© Springer Science+Business Media LLC 2016

Authors and Affiliations

  1. 1.Department of Sociology, Interuniversity Center for Social Science Theory and MethodologyUniversity of GroningenGroningenThe Netherlands