Arrangements of Employer-Labor Conflicts With Game Theory: Implementation of Islamic Ethic Value

• Main Authors: Siti Najma, Ramadhan Razali, Harjoni Desky
• Format: Article
• Language: English
• Published: Universitas Islam Negeri Syarif Hidayatullah Jakarta 2020-10-01
• Series: Etikonomi
• Subjects: conflict; employer; employee; game theory; islamic ethic
• Online Access: http://journal.uinjkt.ac.id/index.php/etikonomi/article/view/15614
• ISSN: 1412-8969; 2461-0771

Employer-labor conflicts are sometimes eternal and challenging to solve. Game theory is one of the essential ideas in settling these conflicts. Furthermore, employer-labor interactions in conflict situations are strategic. In case the employer-labor relationship is non-cooperative, taking place only once, both parties are involved in a prisoner's dilemma situation. In cooperative game theory, the players work together to win the game. Organizational management needs to consider strategic behavior, built-in cooperative games, effective and efficient collaboration between workers and employers. This study examines employer-labor conflict resolution with game theory. It incorporates Islamic ethical values using qualitative research methods. Cooperative games built on employer-labor relations derive from the brotherhood principles (ukhuwah), justice ('adl), and goodness (ihsan) that maximizes cooperation and prevent conflicts. JEL Classification: C70, J01, Z12 How to Cite: Najma, S., Ramadhan., & Desky, H. (2020). Arrangements of Employer-Labor Conflicts with Game Theory: Implementation of Islamic Ethic Value. Etikonomi: Jurnal Ekonomi, 19(2), xx – xx. https://doi.org/10.15408/etk.v19i2.15614.