What Is Social Exchange Theory in Relationships?

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Why do some relationships feel effortless, while others seem like constant work?
Love isn’t always just about passion or chemistry—it often comes down to the quiet balance of giving and receiving. Think about it: moments of kindness, shared responsibilities, emotional support… all of these can feel like “investments” that strengthen a bond.
At the same time, when one partner feels they’re giving more than they’re getting, tension slowly builds. That’s where social exchange theory offers an interesting lens; it helps explain why people stay, why they walk away, and why certain connections grow deeper over time.
Relationships, after all, aren’t just about romance—they’re about the choices we make each day to nurture, protect, and value one another.
What is social exchange theory in relationships?
Social exchange theory in relationships is the idea that people naturally weigh the rewards and costs of being with someone. In simple words, it’s about asking—”Is this worth it?”—even if we don’t always realize we’re doing it.
Research on social exchange theory (SET) explains how relationships form through reciprocal exchanges. It applies in workplaces and within families, friends, and social ties. SET involves three steps: an actor initiating, the target giving a reciprocal response, and the relationship that develops from this ongoing exchange process.
We notice the joy, affection, and support… but we also sense the stress, conflicts, or sacrifices. When the balance feels right, love grows; when it doesn’t, frustration can creep in. To make it clearer, here are some social exchange theory examples:
- A partner feels appreciated because their efforts—like cooking dinner—are noticed and praised.
- Someone reevaluates their relationship when they’re constantly giving but rarely receiving emotional support.
- A couple strengthens their bond by sharing chores equally, which reduces stress for both.
At the heart of it, we all long for relationships where giving and receiving feel fair, even if perfection is impossible. It’s not about keeping score; it’s about feeling valued, supported, and safe. And when that sense of balance exists, love tends to feel lighter, more fulfilling, and more enduring.
7 key principles of social exchange theory in relationships
When people ask, “What are the main points in social exchange theory?” the answer often comes down to the everyday ways we balance what we give and what we receive.
Relationships may be built on love, trust, and care, but they are also influenced by how fair and fulfilling they feel. Below are 7 gentle but important principles that help explain how this theory plays out in real life.
1. Rewards and costs
Every relationship has its bright spots and its challenges. Rewards might include affection, companionship, or financial support, while costs could be stress, conflict, or unmet needs. People naturally weigh these two sides, even without realizing it.
If the rewards consistently outweigh the costs, the relationship feels satisfying. When the balance tips the other way, tension builds, often making one or both partners question the bond.
Here’s what it looks like:
- Feeling happier after spending time together than stressed or drained.
- Appreciating gestures like thoughtful messages or shared meals.
- Noticing if arguments happen more often than moments of joy.
2. Comparison level
A comparison level is the personal standard you use to judge your relationship. It is shaped by past experiences, cultural values, and even stories you hear from friends or family. If your relationship matches or exceeds this level, you are likely to feel happy and secure.
But if it falls short of what you believe you deserve, frustration or disappointment can set in. It is not about perfection—it is about expectations.
Here’s what it looks like:
- Expecting honesty because you grew up seeing it in healthy relationships.
- Comparing the level of support you get to what your friends receive.
- Feeling disappointed when affection is far less than your needs.
3. Comparison level for alternatives
Sometimes people quietly compare their current relationship to potential alternatives. These “alternatives” could be another partner, being single, or even focusing more on career or personal growth. If the alternatives seem more rewarding with fewer costs, someone may feel tempted to leave.
But if the current relationship feels like the best option, commitment deepens. This principle helps explain why people stay even during tough times—or why they choose to walk away.
Here’s what it looks like:
- Wondering if being single might feel more peaceful.
- Thinking another partner could offer more appreciation.
- Realizing the current relationship still feels better than alternatives.
4. Reciprocity and fairness
At the heart of healthy love is a sense of fairness. When both partners give and receive in ways that feel balanced, the relationship feels steady and safe. Reciprocity is not about keeping a strict score, but rather about mutual respect and appreciation.
Small gestures—like listening, showing care, or sharing responsibilities—help couples feel valued. Without reciprocity, resentment can slowly take root, damaging trust and closeness.
Here’s what it looks like:
- Taking turns planning dates or special moments.
- Offering support during stressful times and receiving it back later.
- Both partners feeling heard in conversations, not just one.
5. Dependence and stability
A person’s dependence on a relationship comes from how much they rely on it to meet their needs compared to what they could find elsewhere. When dependence is high on both sides, the relationship tends to feel more stable.
A study shows that romantic relationship stability depends on trust—each partner believing their needs will be met. When partners feel secure, they rely on one another with confidence. This sense of secure attachment enables deeper stability, creating a bond where safety, comfort, and mutual support naturally grow stronger.
However, if one partner feels they have better alternatives, instability can grow. Stability does not mean the absence of conflict—it means both people see the relationship as worth holding onto, even during challenges.
Here’s what it looks like:
- Feeling that your partner is your main source of emotional support.
- Choosing to work through issues instead of walking away easily.
- Believing life feels better together than apart.
6. Emotional investments
Beyond tangible rewards, emotional investments play a big role. Time, trust, and vulnerability are powerful forms of giving. The more someone invests, the more committed they often feel, because walking away means losing not just the partner but also the emotional energy poured in.
Recognizing and appreciating these investments is vital; it reassures both partners that their efforts truly matter and are not taken for granted.
Here’s what it looks like:
- Sharing personal fears or dreams and feeling safe doing so.
- Remembering milestones and putting effort into celebrating them.
- Sacrificing personal time to be there when your partner needs you.
7. Perceived equity
Equity is about whether both partners feel the relationship is fair overall. It does not mean everything is perfectly equal—it means the exchange feels just and balanced.
One person may give more in one area, while the other contributes differently, but both should feel respected. When equity is missing, dissatisfaction often grows. When it is present, it promotes harmony, gratitude, and a sense of partnership that feels worth protecting.
Here’s what it looks like:
- One partner handles more finances while the other manages household tasks.
- Feeling recognized for the unique ways you contribute to the relationship.
- Both partners believing their efforts are fairly valued.
How does social exchange theory explain relationship dynamics?
Social exchange theory explains relationship dynamics by showing how people quietly measure what they give and what they receive. It is not about cold calculations—it is about the natural sense of balance we all seek.
When love feels rewarding, partners grow closer; when costs start to outweigh the benefits, tension slowly creeps in. Think of the joy of being supported, listened to, and appreciated… those moments add to the “rewards” that keep a relationship thriving.
On the other hand, repeated arguments, neglect, or unmet needs can feel like heavy costs. Over time, this ongoing balance influences whether couples feel satisfied, committed, or ready to walk away. Simply, it reminds us that fairness and appreciation are powerful forces in love!
Watch this TED Talk as Gregory Russell Benedikt shares how facing fear, embracing rejection, and taking bold action can lead to love, fulfillment, and a life worth telling:
Can social exchange theory predict relationship success?
The truth is… it can offer valuable insights, but it does not tell the whole story. Relationships are far more than a simple balance sheet; they are full of emotions, history, and sometimes, unpredictable choices!
Still, social exchange theory highlights patterns that often shape long-term outcomes.
- Balance of rewards and costs: When couples feel the positives—like love, support, and respect—are greater than the struggles, the relationship usually feels worth holding onto. If costs keep stacking up, satisfaction declines.
- Comparison levels: People judge relationships based on what they think they deserve. If their partner meets or exceeds these expectations, happiness grows; if not, disappointment sets in.
- Perception of alternatives: If someone believes better options exist outside the relationship, commitment often weakens. However, when the current bond feels like the best choice, partners tend to invest more.
At the end of the day, social exchange theory gives us clues about why some couples thrive while others part ways. Yet love is not purely logical—it is also about patience, forgiveness, and the magic of choosing one another, even when things are not perfect.
Understanding love through exchange
Social exchange theory reminds us that relationships are living, breathing exchanges of love, care, and effort. We all want to feel that what we give is seen, appreciated, and returned in some way.
Does that mean everything has to be perfectly equal?
Not at all! It simply means there is a sense of fairness, respect, and value on both sides. When partners listen, support, and invest in one another, the bond grows stronger… and love feels like a safe, rewarding space to call home.
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