Some things aren´t clear for me when i negociate services/domains or other stuff in internet marketing: Let´s say we have the following szenario: -You have a domain that You would sell for 1000$ or more but not for 999$. Now somebody offers You 1100$ for it. It seems like a clear deal but let´s say You see a chance higher than 50% that he accepts 1200$ or more than 33,3% that he accepts 1200$ then You should ask him for this price - correct? In the real world that will often kill your longterm clients or people won´t make business in general with You. People hate behaviour like that and sometimes they kill 6 Million people because they have less game theory understanding. But that´s the internet, so for example if i sell a domain on Sedo i will never see the seller again. Also if he says no and leaves You can still offer to sell it for 1100$ (even if You feel stupid). So in this cases my strategy to offer a higher price is financially fine, right? But what is in this szenario: -I want to take a taxi and i´m negociating with the taxi driver -He has 50% of his time waiting time -While driving he makes a profit of 30$ an hour, while waiting nothing. -Big city, i will never see the driver again Now if i offer him 16$ for an 1-hour drive he should accept because it is above his overall true hourly rate. But he will say no, because he wants to get paid for the waiting time, too. In a szenario that doesn´t repeat his best option would be to say yes (if he assumes that i won´t offer more) because otherwise he has to wait for the next client. If every taxi driver would think like that they would destroy their whole business but it seems completly +EV in this szenario that he doesn´t accept. So does this stupididy protect them for destroying their own business or do i miss anything? Please some opinions about that!