PROMINENCE, SYMMETRY, OR OTHER

A simple offer game is considered. Various game theoretic solutions ar e noted. The results of a series of informal games are noted. Two diff erent solutions are consistently selected by individuals with little g ame theoretic experience: the symmetric split and the salient point. T his raises questions concerning both the Stone and the Schelling ideas on salient points and various normative game theoretic solutions. The deep unanswered question is why two different solutions are selected. What are the tradeoffs and why? (C) 1994 Academic Press, Inc.