Final answer:
The process by which people manage and negotiate the sharing of co-owned private information in relationships is known as Boundary coordination. It involves setting up rules and limitations on access and dissemination of shared private information to maintain privacy and intimacy within those relationships.
Step-by-step explanation:
The process describing how people manage private information that is co-owned is called Boundary coordination. Boundary coordination refers to the process by which individuals manage and coordinate the sharing of personal, private information with others, especially in close relationships. When we engage in self-disclosure, sharing our personal information with others, this often creates a sense of co-ownership of that information. As a result, we need to negotiate who has access to this information, under what circumstances it can be shared, and how it's protected from others who aren't seen as co-owners. This dynamic is a core aspect of the give and take, or reciprocity, in relationships, where mutual trust and understanding are paramount for maintaining privacy and intimacy. Attraction and trust foster environments where self-disclosure is more likely, and healthy intimate relationships typically involve a consistent and reciprocal sharing of personal information that is in alignment with our own views.