Social Exchange Theory and Parasocial Relationships
The theory of social exchange is about the transference of resources that depend on trust and goodwill. The basis of it is one that originated from the post-positivist theory of understanding our world through a quantitative lens, with the recognition of humanistic influences on these empirical results. After the development of certain theories by both psychologists and social psychologists, this theory emerged to encompass the qualities of these different theories while including the previously aforementioned basis at its core. The goal of this was to address the bigger issue at large of understanding that transference and how this applies to relationships in a way that is explained with the values of costs and benefits. As a whole, it argues the existence of an economic approach to social relationships using those empirical results and the assumptions that humans are logical and motivated by self-interest. The part of the communication model that this focuses most on is decoding messages under the context provided by this theory and the undercurrent meaning influenced by the relationship that it provides.
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