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, haggling can remain commonplace.
-- Haggling on Wikipedia, Monday May 26 2008
Who knew that automobiles are uninformed buyers? I thought they regularly did oodles of research and were always very well informed. Replace automobiles with a group of people - say, Yankees fans - and see what happens..
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