Final answer:
According to social exchange theory, mate selection is influenced by assessing the balance between the benefits and costs of a relationship, continuing relationships where benefits outweigh costs.
Step-by-step explanation:
According to social exchange theory theorists, even the mate selection process is shaped by a calculation of cost-benefit exchange. Social exchange theory posits that individuals act as naive economists, keeping track of the costs and benefits associated with maintaining a relationship. Relationships, accordingly, are only maintained when the perceived benefits outweigh the costs involved.
An example of this in the context of a romantic relationship might be weighing the companionship, intimacy, and comfort of a known partner against potential boredom or the financial costs of shared activities. If the benefits like companionship and intimacy are greater than the costs such as potential boredom and financial expenses, the relationship is likely to continue.
As per Hechter (1997) and Dowd (1975), this approach is a rational choice perspective suggesting that our relationships are based on these mutual exchanges, and as one's ability to exchange resources changes, this can impact social dynamics, especially in later life.