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.
Analogy
Think of equity as a balanced scale. If one person is putting more into the relationship (time, effort, resources) and getting less out of it compared to the other person, then the scale tips - indicating inequity.
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.
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