We examine the impact of power on the development of affective commitm
ent in dyadic relations within a minimal exchange network. Theory stip
ulates that in repeated negotiated exchange (1) equal power and integr
ative bargaining issues increase the frequency of exchange between act
ors, (2) frequent exchange generates positive emotions that are attrib
uted to the focal relation, and (3) positive emotion increases the pro
pensity to form an affective commitment to the relation. When commitme
nt develops, actors tend to remain in a relation despite alternatives
and to provide benefits beyond those necessary to maintain the relatio
nship. An experimental test supports the theory and suggests the condi
tions under which instrumental exchange relations become expressive. W
e discuss implications for the role of dyads in exchange networks.