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Encyclopedia > Assurance games

"Assurance game" is a generic name for the game more commonly known as "Stag Hunt." The French philosopher, Jean Jacques Rousseau, presented the following situation. Two hunters can either jointly hunt a stag (an adult deer and rather large meal) or individually hunt a rabbit (tasty, but substantially less filling). Hunting stags is quite challenging and requires mutual cooperation. If either hunts a stag alone, the chance of success is minimal. Hunting stags is most beneficial for society but requires a lot of trust among its members.

Stag Rabbit
Stag 10, 10 0, 8
Rabbit 8, 0 7, 7

From http://www.gametheory.net/Dictionary/Games/AssuranceGame.html


 
 

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