The Tragedy of the Coffeehouse

This study reports and analyzes the results of three trials of a one-shot collective game—a variety of the assurance game—conducted via the World Wide Web. In the first two trials, most players apparently mistook the assurance game for a prisoner's dilemma and consequently attained the worst possible outcome. After contemplating appropriate strategic considerations, players who participated in the third trial attained a better outcome but did so in a surprising way. This report accounts explicitly for the unexpected results. Implicitly, it also reveals some potential for social experimentation in cyberspace

Cyberspace · Dilemma · Economics · Epistemology · Microeconomics · One shot · Outcome (game theory · Political science · Public relations · Social science · Sociology · The Internet · Tragedy (event · Tragedy of the commons · Variety (cybernetics · World Wide Web · Artificial Intelligence · Computer Science · Digital Games and Media · Engineering · Evolutionary Game Theory and Cooperation · Law · Opinion Dynamics and Social Influence · Psychology · Social Psychology

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