We haggle because we like to pay fair prices. Except for the jerks who have means who aggressively haggle down poor merchants on things (ex. Item costs pennies

We haggle because we like to pay fair prices. Except for the jerks who have means who aggressively haggle down poor merchants on things (ex. Item costs pennies in buyer’s equivalent currency and yet still haggles and haggles), I don’t mind paying the full extent of my consumer surplus if I’m in a pinch, if I was dying of thirst I’d give you all the money in my pocket/bank/etc to get water. But I will haggle till I’m out of breath to not get fleeced on something that to me is a “reasonable sum” (something that I might by at home when not traveling), just because I’m a tourist. This happened a few days ago. While in Portugal I paid a fair price for a blanket to use on the beach where the merchant wanted 20 when the going raid was 10-12 euros.