Synonyms
Glossary
- Exchange relationship :
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Social relationship between two or more actors in which a surplus is produced and divided through exchange
- Reciprocal exchange :
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Exchange without explicit negotiation about the terms of agreement
- Negotiated exchange :
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Exchange with explicit negotiation about the terms of agreement
- Productive exchange :
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Exchange in which all actors involved must contribute for any to benefit
- Direct exchange :
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Direct reciprocation between two actors
- Indirect exchange :
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Indirect reciprocation in a group of actors (e.g., A gives to B, who gives to C, who gives to A)
- Power :
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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...
References
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Recommended Reading
Braun N, Gautschi T (2006) A nash bargaining model for simple exchange networks. Soc Networks 28(1):1–23
Emerson RM (1972) Exchange theory, Part II: exchange relations and networks. In: Berger J, Zelditch M, Anderson B (eds) Sociological theories in progress, vol 2. Houghton Mifflin, Boston, pp 58–87
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Dijkstra, J. (2016). Exchange Networks. In: Alhajj, R., Rokne, J. (eds) Encyclopedia of Social Network Analysis and Mining. Springer, New York, NY. https://doi.org/10.1007/978-1-4614-7163-9_232-1
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DOI: https://doi.org/10.1007/978-1-4614-7163-9_232-1
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