Lumbung Pustaka UNY: No conditions. Results ordered -Date Deposited. 2024-03-28T16:53:11ZEPrintshttp://eprints.uny.ac.id/apw_template/images/sitelogo.pnghttps://eprints.uny.ac.id/2014-11-07T04:28:28Z2014-11-07T04:28:28Zhttp://eprints.uny.ac.id/id/eprint/11512This item is in the repository with the URL: http://eprints.uny.ac.id/id/eprint/115122014-11-07T04:28:28ZA MODEL FOR DETERMINING AN OPTIMAL LABOR CONTRACT UNDER PROFIT SHARING SYSTEMProfit sharing concept fascinates various points of views, such as decision makers, media, academicians, etc., since remarkable work paper published by Weitzman (1984, 1985). Wage bargaining theory is undoubtedly a vital factor in profit sharing system. This research uses Nash bargaining solution in order to obtain the optimal agreement point over wages and employment. Unfortunately, most of the study done on the same topic assumed that the workers receive share of profit equally. Logically, each of the workers has different qualifications which are affect their productivity. A different assumption of the workers heterogeneity is used in this research in order to reduce the probability of unfairness among the workers because of the equality portion of profit sharing.Mahmudah UmiSafiih L. Muhamad