We propose a theory which predicts that an increase in an actor's relative power reduces the actor's rewards in high mutual dependence dyads. Our argument is based on the premise that higher relative power gives the more powerful actor a greater share of surplus, but it also reduces dyadic exchange frequency, which lowers the expected magnitude of…

Contrary to assumptions of the supergame model, agents in exchange situations will normally not be perfectly informed about past behavior of their partners. Moreover, they will generally be in a position to choose their partners. The formal model of this article, reputation formation, attempts to take account of these facts. (JBJ)

This paper explores the potential contributions of social exchange theory in investigations of marriage and family relationships. The basic premise of social exchange is that individuals in social interaction attempt to maximize rewards and minimize costs to obtain the most profitable outcomes. Research has shown that five factors must be…