I used to trade Pokemon cards with my brother, we created value based in our necessities.
I found fairness in the exchanges because the value was created by ourselves based in the rarity of the card, if we had it in our collection or not, etc. Then we made agreements and so on.
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My friends and I still barter today. It can be bartering between services, like I do IT work for a friend and they pay me in CCTV work for me.
Most of the time the barter trade we do is worth it. Sometimes one party wins a bit more but the losing party does not “lose” anything. We always play fair!
Back in the 80s when I was a kid, I traded cards with my friends. I also remember playing monopoly with my family and how it was a game I thought I don’t have to focus on too much, however each time I played distracted I would lose. And it always seemed weird to me because I thought I had everything under control, that I don’t have to watch the board all the time and I can for example watch some tv at the same time too. Turns out divided attention is not so great 
Thought me a valuable lesson that you have to be focused even when you don’t think it truly matters.
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I forgot about the trades I made as a child. But buying a flight with miles also seems like a barter transaction.
i dont really recall any barter transactions that involved two completely different assets. the most relatable scenario i can imagine is fantasy sports. a large part of fantasy sports is trading players. they do not have a set value. the value is determined by the parties involved in the transaction. players are definitely a nonfungible asset. both parties involved in a trade assess the value of a player based on their own personal biases and opinions. i have played fantasy sports for over a decade and i have completed trades that worked out and trades that did not. i think this analogy effectively illustrates a barter system. certain players perform certain tasks well. the way scoring in a roto league is set up you must acquire certain statistics from players. one guy may steal bases and one guy may hit homeruns. if your team is lacking in a certain category you can seek a trade that fulfills your personal team needs. depending on the needs of your counterparty you can seek a trade that satisfies the needs of both teams.
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?
- it was a book i changed for another book. It was not completely fair as every book had a different price , but the item was similar and values were close.
A most recent barter transaction I had were between two different military grade switch blades. Mine was manual flip, blue and purplish colored with a dragon engraved on the handle. His was a plain gray what appeared to be a ruler however had a button that when you pressed it, it would shoot out a ridiculous 4 inch sharp blade. it was all metal and heavy, felt like I could fend off anything that could come at me.
Looking back at it now, I would still agree that it was a fair trade. The switch blades were new for both of us and it was a matter of different likes and preferences. The knife gave me a different feeling than the one I had previously, I’m sure he felt the same.
As a child we were changing hockey cards for other toys. Like 2 cards of famous teams were equal to 1 small car.
As an adult I can say that doing a favor for a friend and he will pay you back with favor. You help him with wood, he will help you with building the house. The time spend cost the money.
I think that both of them were fair exchange. It was about the value others see in it.
We used to trade pokemon cards at school. It was quite fair i would say, as we mostly traded the ones that were needed by both parties, so that we most of the time reached a satisfying agreement.
I grew up in a family of four siblings.
I can remember every year on Halloween, we would trick or treat late into the night, and bring home huge bags of candy.
We would come home, dump the bags, and spend hours trading for our favorites. I would trade handfuls of other treats for Reese’s peanut butter cups.
Yugioh cards X Y Z
Yugioh Cards A B C
Many times in yugioh card trading, i have exchanged one or more cards for another card which is different.
This transaction is fair in the sense that each party has agreed to partake in the transaction and each part had the option to decline however there is a discrepancy between the total values of cards exchanged by each party. One side almost always benefited more than the other receiving more value in the cards they have got compared to having given away
This is because there is no fungibility for these cards and what’s worse is that myself and the person I am exchanging with will be only after particular cards that are of collectable or competitive interest.
While I do believe this is fair in the circumstances of the trade I also believe it is not efficient, it allows for individuals to take advantage of this discrepancy similar to how an indivual traded from a paperclip to a house in 14 trades http://news.bbc.co.uk/2/hi/technology/5167388.stm
Whether this article is fictitious or not is irrelevant as it simply shows that people are able to capitalise on the discrepancy between the values of the items in a barter exchange.
Whilst some of this can be due to lack of knowledge by an individual as to an items value which is still an issue in exchange for fiat currency, the discrepancy itself is a great example how there is always a winner and a loser to a barter trade.
As a photographer I exchanged my time in order to get experience.
I give my models free pictures for me to be able to practice my skills. Looks like a win win trade for me
I guess it was around the year 2000. It was playing Magic, after school on the playground.
In ground school I was pretty good with marbles, when won a decent amount I gave them to less fortunate kids, so I guess I bartered them for genuine smiles, totally worth it
Every day we exchange time for currency, the worst transaction ever!!!
I had a few barter transaction as a child from pokemon cards to pogs and action figures. The main reason why I would barter is because I had more than one particular item that someone wanted and they had an item I wanted so a transaction was made. Looking back all trades I made was Fair for me at least. Not really had any barter transaction as an adult.
When I was little I had traded pokemon cards in exchange for money, other pokemon cards I thought this was a fair exchange because the cards had a definite value and the money did as well
Trading of the Pokemon cards for different cards, Hockey cards also for different cards, or sandwiches for drinks like cola or sweet flavored milk.
I did some fair and unfair exchanges both in my gain and against, learning about the value of things.
- The most common barter exchange for me would usually happen in school. Maybe I would trade some notebook paper for a pencil, or a highlighter for a pen, or even a pencil for a service (copy my homework or cheat on a test). Usually these transactions were fair to me because I got something I really needed at the moment and the other children were usually reasonable, but not all of the time.
When I was a child I exchange video games for other video games plus money. The exchange was not totaly fair because I add always to pay a fee for video games with the value (Value decided by the video game store).
For me it was still something good it avoid me to pay a large amount of money for playing new video games.