No. It was exactly what the prisoner's dilemma dictates an intelligent actor would do when they don't have the ability to coordinate.

If you suspect there is going to be a run on toilet paper, the obvious choice is to stockpile toilet paper before it is all gone. If you buy just enough for the next couple weeks, and you risk running out because of shortages.

The optimal solution to this IMO is to embrace raising prices during crisis, because then the market ensures that those with the most need get access to goods, and it eliminates the whole point of hoarding 3 months worth of TP naturally.

That was an interesting series of events. The initial run was not warranted in hind sight. But at the time no one knew how bad it was going to get and how long everything was going to be shut down for. After that though if you did not join in then you were potentially out of toilet paper for a couple months.