Resources, expenses, and benefits When examining the basis of the interpersonal exchange, exchange theories draw on the concepts of rewards and costs (which were taken from behavioral psychology) and resources (which were taken from economics).
According to Thibaut and Kelley, the matrices in social exchange theory depict the various options and outcomes that are available to a person in a particular social setting.
These decisions and results are influenced by a variety of internal and external elements, including the person's values and ambitions as well as external factors like the situation's social norms and expectations.
The matrix enables people to assess and contrast the various possibilities at their disposal in order to make the best decision possible.
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