Blog
Is haggling making a comeback?
Geoff Riley
13th December 2008
The traditional British reserve does not lend itself to haggling over the price of anything and everything. And there is always a cost in terms of time from badgering a market trader or a seller over the telephone. But in this day and age, needs must - and this BBC video report asks whether consumer haggling is making a comeback? it is a good one to show when discussing consumer surplus and different forms of price discrimination.
Geoff Riley
Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.