In financial bargaining, too, people who stake out an extreme first position and then move toward the middle end up doing better than those who state a more reasonable first position and then hold fast.27 And the extreme offer followed by concession doesn’t just get you a better price, it gets you a happier partner (or victim): She is more likely to honor the agreement because she feels that she had more influence on the outcome. The very process of give and take creates a feeling of partnership, even in the person being taken.

