Win-win denial: Many people can't get their head around the fact that voluntary exchanges benefit both parties. https://psyarxiv.com/efs5y/ pic.twitter.com/Dg1nVBz8Vm
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The concept of leverage isn't an exception. It's an intrinsic part of any negotiation. On a less extreme ex., stock traders with access to insider info have more significant leverage than other traders. So, the problems are when the level of leverage is too different for both.
When both parties have the same leverage, the risk for both is roughly the same. This is when voluntary exchanges works best, and it's seen as a win-win situation because the level of risk remains acceptable for both parties.
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