Editing Social exchange theory (section)

=== Ivan Nye ===
Ivan Nye came up with twelve theoretical propositions that aid in understanding the exchange theory.<ref name="McDonell, J 2006"/>
# Rewards being equal, they choose alternatives from which they anticipate the fewest costs.
# Immediate outcomes being equal, they choose those alternatives that promise better long-term outcomes.
# Long-term outcomes being perceived as equal, they choose alternatives providing better immediate outcomes.
# Costs and other rewards being equal, individuals choose the alternatives that supply or can be expected to supply the most social approval (or those that promise the least social disapproval).
# Costs and other rewards being equal, individuals choose statuses and relationships that provide the most autonomy.
# Other rewards and costs equal, individuals choose alternatives characterized by the least ambiguity in terms of expected future events and outcomes.
# Other costs and rewards equal, they choose alternatives that offer the most security for them.
# Other rewards and costs equal, they choose to associate with, marry, and form other relationships with those whose values and opinions generally are in agreement with their own and reject or avoid those with whom they chronically disagree.
# Other rewards and costs equal, they are more likely to associate with, marry, and form other relationships with their equals, than those above or below them. (Equality here is viewed as the sum of abilities, performances, characteristics, and statuses that determine one's desirability in the social marketplace.)
# In industrial societies, other costs and rewards equal, individuals choose alternatives that promise the greatest financial gains for the least financial expenditures.

In his article published in 1978, Nye originally proposed seven propositions that were common in all types of relationship. A few years later he would expand the propositions to a total of twelve. The first five propositions listed are classified as general propositions and are substance free-meaning, the propositions themselves can stand alone within the theory. Proposition number six has been identified by scholars as a notion that there is a general assumption of a need for social approval as a reward and can therefore act as a drive force behind actions. Proposition seven will only work if the individual has the freedom to be excluded from outside factors while in a social exchange relationship. The twelfth and final proposition is directed towards the way our society has a heightened value placed on monetary funds.<ref>{{cite journal |last1=Nye |first1=F. Ivan |title=Is Choice and Exchange Theory the Key? |journal=Journal of Marriage and Family |date=1978 |volume=40 |issue=2 |pages=219–233 |doi=10.2307/350754 |jstor=350754 }}</ref>