Despite the increased prevalence of neutral third parties in both formal and informal exchange processes, social exchange theory has yet to consider the effect of nonpartisans on important cognitive and affective outcomes of exchange. This research integrates Simmel's conceptualization of small groups and nonpartisans with contemporary theory and…

The value of reciprocity in social exchange potentially comprises both instrumental value (the value of the actual benefits received from exchange) and communicative or symbolic value (the expressive and uncertainty reduction value conveyed by features of the act of reciprocity itself). While all forms of exchange provide instrumental value, we…

Inherent to all social exchange relations are elements of both cooperation and competition. We develop and test a theoretical model which proposes that the relative salience of the competitive, conflictual elements of exchange mediate and explain the negative effects of negotiated exchange, as compared with reciprocal exchange, on actors'…