Gagnon and Goyal (2017) develop an elegant model to understand the interaction between community and markets. One key argument is that, among others, whether markets and social ties are substitutes or complements plays a decisive role: markets undermine social ties in the case of substitutes and...

We study the Stackleberg variant of the repeated Sequential Prisoner’s Dilemma (SPD for short). The game goes in two stages, and the two players, the leader and the follower, are asymmetric in both stages. In the first stage of the game, the leader chooses a strategy (for the repeated SPD of...