stag-hare game
| Stag | Hare | |
|---|---|---|
| Stag | 3,3 | 0,1 |
| Hare | 1,0 | 1,1 |
A game that illustrates the defection trap of poverty. Can you absorb the risk of your neighbour not going stag hunting with you? If you can't, then the Nash equilibrium is unstable and the hare-hare strategy dominates. See Bret Devereaux on subsistence farming being mostly built around risk mitigation.