Generalized exchange

Generalized exchange is a type of social exchange in which a desired outcome that is sought by an individual is not dependent on the resources provided by that individual.[1] It is assumed to be a fundamental social mechanism that stabilizes relations in society by unilateral resource giving in which one's giving is not necessarily reciprocated by the recipient, but by a third party.[2] Thus, in contrast to direct or restricted exchange or reciprocity,[3] in which parties exchange resources with each other, generalized exchange naturally involves more than two parties.[2] Examples of generalized exchange include; matrilateral cross-cousin marriage and helping a stranded driver on a desolate road.[4]

  1. ^ Cheshire C. "Generalized exchange". Encyclopedia Britannica.
  2. ^ a b Takahashi N (2000-01-01). "The Emergence of Generalized Exchange". American Journal of Sociology. 105 (4): 1105–1134. doi:10.1086/210400. ISSN 0002-9602. S2CID 153964181.
  3. ^ Gouldner, Alvin W. (April 1960). "The Norm of Reciprocity: A Preliminary Statement". American Sociological Review. 25 (2): 161–178. doi:10.2307/2092623. JSTOR 2092623.
  4. ^ Yamagishi T, Cook KS (1993). "Generalized Exchange and Social Dilemmas". Social Psychology Quarterly. 56 (4): 235–248. doi:10.2307/2786661. ISSN 0190-2725. JSTOR 2786661.

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