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"Equity Theory and Research: An Overview" by Elaine Hatfield
In the reading "Equity Theory and Research: An Overview" by Elaine Hatfield, she explains about the four propositions the equity theory is based upon. She explains that the first proposition is where individuals try to maximize their outcomes. For example, an employer may pay it's employees much less that they deserve which results in greater profits for that individual and maybe not thinking of the consequences this may bring, such as workers going on strike
and can be dealt with in whatever way u wish to deal with it. Hatfield's two main influences in this piece of writing were Austin and Walster in which most of these ideas are backed upon. There are still things that need to be explained further in this Theory of Equity which could simplify it even more, so that modern day relationships can and will be able to understand the meaning and basis of equity.
