Video encyclopedia



Bargaining || Full Video || Deep Virk & Simmi Kaur || Money Aujla || Latest Punjabi Songs || M R


Bendik Finborud - Bargaining (Official Music Video)


When someone is TOO good at bargaining...


Opinion | The plea bargain trap


What is collective bargaining

Bargaining or haggling is a type of negotiation in which the buyer and seller of a good or service debate the price and exact nature of a transaction. If the bargaining produces agreement on terms, the transaction takes place. Bargaining is an alternative pricing strategy to fixed prices. Optimally, if it costs the retailer nothing to engage and allow bargaining, s/he can divine the buyer's willingness to spend. It allows for capturing more consumer surplus as it allows price discrimination, a process whereby a seller can charge a higher price to one buyer who is more eager. Haggling has largely disappeared in parts of the world where the cost to haggle exceeds the gain to retailers for most common retail items. However, for expensive goods sold to uninformed buyers such as automobiles, bargaining can remain commonplace.
    Explore contextually related video stories in a new eye-catching way. Try Combster now!
    • Where it takes place 

    • Theories