key term - Equity

Definition

In psychology, equity refers to the balance of give-and-take in a relationship. It's about fairness and justice, where both parties feel their contributions and benefits are proportionate.

Related terms

Social Exchange Theory:

This psychological theory suggests that human relationships are formed by using a subjective cost-benefit analysis and comparison with alternatives.

Distributive Justice: This concept refers to perceived fairness of how rewards or resources are distributed within social groups or relationships.

Prosocial Behavior:

Voluntary behavior intended to benefit others such as helping, sharing or comforting.