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Social exchange theory: Systematic review and future directions
Rehan Ahmad1, Muhammad Rafay Nawaz2, Muhammad Ishtiaq Ishaq3
1Imperial College of Business Studies, Lahore, Pakistan.
Social exchange theory (SET) offers insights into social transactions. This study emphasizes exploring psychological transactions and exchange rules to advance the theory and guide future research.
Area of Science:
- Social Sciences
- Psychology
Background:
- Social Exchange Theory (SET) is a foundational concept in social sciences.
- SET traditionally focuses on social and economic transactions.
- There's a growing need to examine SET through the lens of psychological transactions.
Purpose of the Study:
- To systematically review literature on Social Exchange Theory.
- To identify research gaps and future directions, particularly in psychological transactions.
- To highlight the importance of psychological exchange rules and their impact.
Main Methods:
- A comprehensive systematic review approach was employed.
- Literature search conducted across Social Science Citation Index and Scopus.
- 3,649 articles were initially reviewed, with 46 selected for final analysis.
Main Results:
- Identified a need for further research on psychological transactions within SET.
- Highlighted the significance of reciprocity principles and exchange relations.
- Emphasized the impact of various factors on the exchange process.
Conclusions:
- SET provides a broad framework encompassing various exchange types.
- Further exploration of psychological transactions and rules is crucial for SET's evolution.
- This research elevates the understanding of less-explored psychological exchange rules.
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