In groups of two, students must simultaneously decide to play one of two actions in the Stag Hunt game: Stag or Hare. The intersection of their chosen actions determines the students’ payoffs.
This is a famous coordination game that teaches students about strategic uncertainty, and provides an example of multiple equilibria in games. Stag is a risky strategy that only gives a high payoff if the other student chooses it too. Hare guarantees a medium payoff. Stag-Stag is the more efficient Nash equilibrium, but exposes players to risk. Hare-Hare is an inefficient Nash equilibrium, but is safe.