Is Climate Change a Prisoner's Dilemma or a Stag Hunt?

"...in the tragedy of the commons, exploitation of a resource inevitably makes the resource scarcer. In this case, the resource is not land or coal, but the sum of the ecosystem itself, which degrades in time as it is exploited and polluted. The payoff of exploitation diminishes to zero and protection becomes increasingly attractive. So eventually there will be a point—near environmental collapse—where every actor will get it together and actually protect the environment. In game theory, this scenario where coordination is clearly dominant over defection is called a "stag hunt." Only, in this absurd scenario, that point would come fairly close to when the environment was already gone…" --Atlantic

https://www.theatlantic.com/politics/archive/2016/04/climate-change-game-theory-models/624253/?utm_source=email&utm_medium=social&utm_campaign=share