Unequally valued exchange relations

Network exchange theory has focused on a simple type of exchange structure in which all the exchange relations are equally valuable. In this paper we relax the usual constraint of uniform relations and evaluate the applicability of current theoretical approaches to structures of unequally valued exchange relations. For this evaluation we draw on experiments that entail three variants of mixed relations in four networks. We examine the fit of theoretical predictions and outcomes with respect to the probabilities of exchange transactions and their payoffs.