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  1. 11 sie 2022 · The exchange concept is commonly used in commercial marketing to sell products; however, perceived benefits and costs in social marketing tend to be intangible (e.g., time, physical, and psychological effort) and long-term (e.g., health and well-being).

  2. Definition. Exchange is an act of giving one thing and receiv-ing another in return (Oxford Dictionary, n.d.). Exchange involves a transfer of something tangi-ble or intangible, actual, or symbolic, between two or more social actors (Bagozzi, 1979, p. 434).

  3. 11 sty 2023 · Social exchange theory (SET) is one of the most influential theories in social sciences, which has implications across various fields. Despite its usefulness being a typical social transaction, there is a need to look at it from the lens of psychological transactions to further its evolution and to identify future directions.

  4. 8 maj 2023 · Social exchange theory is a concept based on the idea that social behavior is the result of an exchange process. According to this theory, people weigh the potential benefits and risks of their social relationships.

  5. Much of consumer behavior is socially based, involving public consumption of products, exposure to individuals or groups engaging in consumption, and discussions about products with family, friends, acquaintances, and strangers. We examine research on the effects of social influence on consumer behavior, focusing on articles from the top ...

  6. objective is to define the core concepts in the exchange paradigm. The second is to introduce the notion of an exchange system as a concep-tual framework useful for generating theory in marketing. Overall, the purpose is to define marketing as the process of creating and resolv-ing exchange relationships. What is an Exchange?

  7. 5 cze 2018 · Social exchange theory is used to analyze social interactions over time in terms of the actual behaviors and resources of value to the actors involved given their interdependence.

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