Activity Lesson 1

1.-exchanging marbles as a kid
2.- the exchange must be between same marble sizes to be consider a fair transaction, to call it unfair was to use different size or material marbles

I exchanged a phone for a videogame, both had similar market prices so as I wanted the videogame was more convenient for me to do the trade directly.

As an adult i have bartered phone repair services to friends for a meal at a restaurant. Looking back it wasn’t a fair exchange in terms of monetary value but these were people that i didn’t want make pay the high markups of phone repairs but also didn’t want to set the precedence of working for cheaper than the advertised prices in my store.

Just a couple of years ago my old house mate and I purchased a printer together 50/50 for $100 with the agreement that when ever one of us moved out we would decide who kept the printer and cash out of the transaction. Not too long after that my house mate moved out, and we decided he would get more utility out of it than me. He then owed me $50. During packing he decided he was going to sell his small air-conditioning window unit since his new place had central air conditioning. After asking him how much he had paid for it originally ($100) and how much he wanted for it now ($50), it occurred to me that we could just barter the printer for the air-conditioning unit.
At the moment I am basking in the glorious, gentle cool breeze… tickled by the fact that I have to print shipping return labels at work.

Describe a barter transaction that you’ve been a part either as a child or adult.
List the two items in the barter transaction and, looking back, did you think it was a fair exchange and why?
notes for pizza; did this a few times in school with a guy who was deluded into thinking my school notes were worth half a Dominos pizza - great deal for me

I remember trading pokémon cards/Pog’s/or whatever that was popular with my school mates.

It was always a fair trade. For me at least ha haaaaa.

I trade tech hardware for favours. Is it worth it, sometimes yes, sometimes hell no.

I’ve been digging in my memory but can’t bring up a specific barter transaction. As a kid I was very into paintball and spent a lot of time buying/selling/trading paintball guns and equipment. But it’s been so long I don’t remember a specific trade, though I always felt they were fair as people had a pretty good understanding of the relative value of the items.

Actually this now brings a funny memory to mind of an unintentional barter. A friend wanted to buy some paintball gear from me but didn’t have the money at the moment, no problem, I let him take it with the promise of later payment. Weeks and weeks went by and he still hadn’t paid me, until finally he offered me a big stack of paintball magazines as payment, take it or leave it, it was all he had. I took it begrudgingly, the items I gave him weren’t worth much anyway and it was fun to have a friend to play with. I finally open up the magazines, and most of the pictures have been cut out to decorate his bedroom walls :joy:. I think I certainly came out behind, but he’s still one of my best friends.

As a child, maybe trading one flavor of Popsicle for another flavor the same type of Popsicle (when Popsicle flavors were initially handed out randomly by teachers, etc.), if this constitutes barter trade. Was this fair?..Yes.

I remember trading pokemon cards as a kid can’t remember any trades exactly. Don’t have a memory of getting ripped off. But! I remeber some guy got a jiggly puff card from japan and was the talk at school. someone traded a charizad for it which was the best card you could get at the time. The guy felt good about the trade but then he realized that the jiggly puff card he got was a sticker. He didn’t feel good about the trade. Which is kind of interesting because apparently all the cards in japan are stickers, that’s just the way they were. But were we lived they were not so customs played a big part in this trade.

Well I don’t know if my example could be considered banter because there is money involved. So my friend and I were living in Paris (France) last summer and we had the project of inviting a Salsa teacher to have Salsa lessons. He told us he would give free lessons if all expenses of the trip are covered. The deal with my friend was “I pay for his plane ticket and you host him in your flat”. On the one hand I think a got a good deal because there is no way I could have host the teacher at my place and hostels are very expensive in Paris but on the other hand my friend didn’t have to spend money, he just “sacrificed” a little bit of comfort for a few days. To conclude, I think my friend and I were complementary and were lucky to have each other

When I was child ;
Scenario 1: Trading IPL cards. Giving my all cards to only have a Sachin tendulkar Gold Card
Scenario 2: Exchanging toys with my brother.
I think it was fair exchange.

I used to buy sweets for my older sister so she’ll let me watch cartoons. Then I thought it was fair, but now looking back I thinks she was a little mean :joy: :rofl:

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The most common form of barter for me as a child was my effort & physical health for whatever treat I could make a deal for. I was always willingly to go up ladders and on roofs etc. for tough jobs. That trade was completely in my favour as far as I was concerned. I never hurt myself(seriously anyways) and to me, if I am going to get ice cream for doing a chore but I break my leg doing that chore the assymetrical gains will be insane. Totally worth it.

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  1. Barter I can remember was exchanging stamps in an album with one another- the value of some stamps was not always known to my friend I battered with, knowing stamp value and creating a full book was a great exchange.

I think I might have traded Star Wars toys when I was a kid. My brother and I owned Storm Troopers, a Darth Vader, a Han Solo, etc. We also had ships like the x-wing fighter, tie-fighter and the Millennium Falcon. We traded only the dolls which we considered similar in value. We would not have traded a ship for a doll unless it was hard to find but mostly we traded dolls for other dolls and ships for other ships. The exchange was fair.

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When I was younger we traded various trading cards and we would give the one’s that we had multiple of for ones we didn’t have at all. We, as friends only would ask for another’s card if they had more than one, so in a way we kept things fair and made it so no one was left without any of one thing. I believe it is a fair exchange as long as the exchange helps both sides involved.

I traded one banana for 1 Toffee candy with my friend, after I ate the candy, I thought it was not fair because the candy quickly melted into my mouth while my friend had hardly eaten half the banana. The trade was not fair from my point of view because I would have gotten fuller on the banana, she should have given me at least 3 candies for the one banana.

There are a few bartering sessions I did as a young boy. I use to trade comic books for the ones I did not have with ones I had doubles. Also traded cards sometimes for cards or marbles or comic books The value was decided between us and a trade was made when we agreed on a quantity of cards or marbles to whatever the object traded was. I have often bartered my time for items or cash.

Describe a barter transaction that you’ve been a part either as a child or adult.
List the two items in the barter transaction and, looking back, did you think it was a fair exchange and why? I would barter sports cards when I was a kid. Some were more valuable than others and depending on how bad you wanted the card, you may give up more in value than what the face value of the card was worth. I distinctly remember being on both sides of the equation…giving up more value and receiving more value.