  Aggregated phenomena in social sciences and economics are highly dependent on
the way individuals interact. To help understanding the interplay between
socio-economic activities and underlying social networks, this paper studies a
sequential prisoner's dilemma with binary choice. It proposes an analytical and
computational insight about the role of endogenous networks in emergence and
sustainability of cooperation and exhibits an alternative to the choice and
refusal mechanism that is often proposed to explain cooperation. The study
focuses on heterogeneous equilibriums and emergence of cooperation from an
all-defector state that are the two stylized facts that this model successfully
reconstructs.
