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Conceptual issues for integrated economic and social resource exchange theories *
Author(s) -
RETTIG KATHRYN
Publication year - 1985
Publication title -
journal of consumer studies and home economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.775
H-Index - 71
eISSN - 1470-6431
pISSN - 0309-3891
DOI - 10.1111/j.1470-6431.1985.tb00440.x
Subject(s) - interdependence , social exchange theory , valuation (finance) , resource (disambiguation) , position (finance) , management science , sociology , economics , positive economics , computer science , social science , finance , computer network
The objectives of this paper are: (1) to contrast social and economic exchange assumptions, philosophies, reciprocities, valuation processes and problem‐solving behaviours for purposes of clarification of social and economic decision situations and as a step toward theoretical integration; (2) to present the position that exchange theory would be more useful in family research if economic and social exchange theories were more successfully integrated; (3) to request the continued co‐operation of family theorists in creating a theory which is useful in the interdependent social and economic domains of family life such as management; (4) to clarify the importance of this theoretical integration for more effective teaching and research in family resource management.