When i was a kid i traded discs for mini scateboards
In school I traded three Yu-gi-oh cards with brown edge for one Yu-gi-oh card with white edge. It was worth it because cards with white edge where very rare.
We used to to go through seasons of collectable that were exchanged… Stickers, writing paper and marbles.
Fairness in barter is heavily reliant on the traders’ mindset at the time of trade… Looking at the monetary value of trades could seem unfair but ultimately it was about trading to have what the traders considered something better than what they currently had. What the other person has is valuable to me only because I don’t own it but I have something that I perhaps do not like as much or have more than one, irrespective of initial investment.
trading cards, marbles were my first recollections of trading.
It’s lead to trading my free time for work and money
Now i often trade with myself my personal Free time to relax and hang out with friends and family versus my time and monetary investment in myself with Ivan On Tech Academy.
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
In school, I would trade jolly ranchers for a bag of chips. I think it was fair because I traded 2 jolly ranchers for 1 bag of chips. If I had to give more jolly ranchers then I think it would not be fair anymore. because chip bags are already half empty.
As a budding programmer I would exchange sections of code with other fellow programmers. What made this special was that it was on Apple 2E’s (pre Mac) and on floppy disks, all done from a retail store that let us use the pc after school. I was 9 years old.
- Back in elementary and middle school, I use to be really involved with pokemon and yugioh. Other players would want to trade for certain cards I have. I would sometime trade a yugioh card for a pokemon card, vice versa.
-Now those pokemon and yugioh cards doesn’t hold to much value to me today. But back than my world revolved around these card game. It was fun and enjoyable. So the trades I made felt like I gain some type of value.
I didn’t do much bartering as a child. I do recall exchanging some stickers for candies. It wasn’t a fair exchange because the candies were gone in 60 seconds. The stickers lasted a lot longer. Basically, I got the shorter in of the stick.
When I was in elementary school, one of my teachers would reward students for good behavior with gold coins (made of plastic). The students could save their tokens and exchange them for a homework pass, extra recess time, etc… I used to make fortune tellers out of paper and exchange them for gold coins with my classmates. I think the exchange was favored towards me because because I was the only one who controlled the supply of the fortune tellers while all the other classmates needed to get tokens from the teacher.
It was a perfectly good system, until someone found the same gold coins at a party supply store and started to raise the suspicion of the teacher and everything was changed.
We used to barter monopoly properties which usually ended up as quite an unfair exchange for the more desperate player. He or she would usually end up losing everything anyway and would have been better off just cutting their losses - as in real life!
Trading jerseys at volleyball tournaments in high school. Clubs would usually get 2-3 different jerseys every season, and national tournaments were prime places for trading them. What a jersey was worth depended on a combination of 1.) how good the club is, 2.) where the club is from and 3.) jersey design. Shoes also were traded, sometimes for multiple jerseys.
I bartered a my auto for the satisfaction of knowing that it was going to a good cause, by gifting it to a charitable organization. It was so worth it to me as I know it was going to a good cause, the licensing , registration, insurance, and the cars upkeep was no longer mine to maintain.
Description: As a child I used to collect Panini football stickers. You would first buy the catalogue of the league you followed, it had all the teams in the league and each player for that team. I would buy a pack of stickers from the cornershop and update the book.
Items in Transaction: Duplicate cards already updated in catalogue.
Refection: It was a fair exchange when you each had the card the other person wanted. However, when someone had the card you wanted, however, you didn’t have the cards they wanted, or needed, the transactions weren’t fair, as it was no longer fungible - a card for a card. It often iincluded exchanging part of your lunch, stationary, etc.,things you needed.
I guess as a kid in school we had the black market of snacks since you couldn’t trade food and we would trade some candy for others like 2 chocolate bars for a brownie and most trades were fair between each other, only sometimes we maybe try to give less for more so we would keep more snacks
Discovering weed in high school is pivotal in the life of a stoner, and when you were a jobless teenager, trying to figure out how to get it becomes a full-time pursuit. Through various grapevines, eventually my friends and I came upon an offer from a guy that said he had loads of weed that he’d give us, if we came over and painted his house. We thought ah man, this is gonna be an easy trade, we’l knock it out and be living the high life, literally. After what turned out to be at least a 3 day labor we finally got our reward, only turned out to be the trashiest weed i’d ever seen in my life. it was all stems and seeds and literally not even green, but a dark brown almost even black color. Needles to say, the effort was NOT worth the reward.
A barter transaction in this case involved helping someone at work with a task that I was good at but they were struggling, for a bottle of wine 
I think it was a fair exchange, as the value of this particular wine was probably equivalent to my time spent on the task.
When I was a kid, I traded my Hot Wheels cars for baseball cards. There wasn’t a standard market for these items, but the transaction worked, as we both placed our own values on the items received. If this had been a full-scale marketplace of kids trading these items, the market would adjust based on the supply and demand of each item.
As a massage therapist, I trade my services all the time. For beauty, labor, and business services. Fairness is a unique word because it depends on your perspective. I do not think that the exchange rate was fair for beauty and business services because we would trade service for service, not a dollar amount. A lot of times my service was worth more currency than theirs. This was also the case with labor services, I just valued not having to plow my driveway or shovel dirt more than the amount of cash I was losing on the trade.
Traded a Guerciotti road bike for a YZ80 2 stroke racing bike. e both were happy with the trade.
As a teenager badly wishing a car, I traded an almost brand new VHS player unit for an old used and crappy car. The car was still functional, but in such a bad condition that a uncle of mine realized the safety risks the car was bringing to me and others and also the huge cost required for repairing the car in order to make it road worthy (probably up to more than 100 VHS players). It was obviously not a fair exchange, but a great deal for the car owner.
It all ended up with a reverse barter of the same items, after my uncle threatened the car’s owner with a lawsuit.