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Want

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Possible Answers:

DEARTH.

Last seen on: –Daily Boston Globe Crossword Monday, 25 September 2023
NY Times Crossword 19 Jan 23, Thursday

Random information on the term “Want”:

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The coincidence of wants (often known as double coincidence of wants)[verification needed] is an economic phenomenon where two parties each hold an item that the other wants, so they exchange these items directly without any monetary medium. Within economics, this has often been presented as the foundation of a bartering economy. However, ethnographic research has not corroborated that this model of barter exists in reality.

In principle, double coincidence of wants would mean that both parties must agree to sell and buy each commodity. Under this system, problems arise through the improbability of the wants, needs, or events that cause or motivate a transaction occurring at the same time and the same place. One example is the bar musician who is “paid” with liquor or food, items which his landlord will not accept as rent payment, when the musician would rather have a month’s shelter. If, instead, the musician’s landlord were to throw a party and desire music for it, hiring the musician to play it by offering the month’s rent in exchange, a coincidence of wants would exist.

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