yes, i've had major issues with this. i know what i will and will not accept and if my number is not something the employer is willing to pay, that should be the first thing discussed so we don't waste each other's time.
it's very annoying to be dragged through interviews for what turns out to be a laughable offer at the end.
once it happened worse to me, I specified my minimum acceptable price at the first contact, went trough three interviews, then they offered 87% of what I asked.
This works really well with a liquid market. It can be harder for people who are talented in specialized professions. My wife, for instance, is highly skilled in a very specialized skillset, but it's academic, and jobs that match her skills come up a few times a year in the whole state. Even though the applicant pool is small, the illiquidity means it's difficult to say you're going to someone else. Actually, I wonder to what extent markets with very specialized (and comparatively rare) talents are affected by this illiquidity as opposed to mere supply and demand?