Consider the Following Relationship Scenario: You've Had Some Pretty Good

question 99

Essay

Consider the following relationship scenario: You've had some pretty good relationships in the past. Your new friend James has introduced you to a number of wonderful interests: obscure Tarantino films, visits to museums, Thai food, and hang-gliding. Still, if there's one thing about James that drives you crazy, it's that he never stops talking, and will actually change his position on issues just to bait you into an argument. You argue more with James than with just about anyone else you know, and you frequently end up with your feelings hurt. In fact, you find yourself wondering whether James's roommate Rick wouldn't make a better friend. He's interesting, does fun things, and he doesn't seem to relish arguments nearly as much as James does. Now, analyze this scenario from a social exchange perspective. What are the rewards, costs, comparison level, and comparison level for alternatives? What's likely to happen in this case?

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Definitions:

Bonds

Fixed-income securities that represent a loan made by an investor to a borrower, typically used by corporations, municipalities, states, and governments to finance projects and operations.

Stock Exchange

A stock exchange is a marketplace where securities, such as stocks and bonds, are bought and sold, facilitating capital exchange between investors and companies.

Demand

The desire, willingness, and ability of consumers to purchase goods or services at a given price.

Junk Bond

A high-risk, high-yield bond issued by companies considered to be at greater risk of defaulting on their debt obligations.