Civil enterprises (CEs) are firms whose main goal is to produce benefits for the community, working according to a logic of reciprocity. In this paper NOUS member Christian Müller and Maria Guadalupe Martino discuss, from a game theoretical perspective, as to what extent it is possible for such enterprises to survive in competition with profit-maximizing firms in the marketplace, since market competition might take the form of a prisoner’s dilemma game, where the public good at stake is the commitment to moral rules.

The full paper is available here.