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The aim of this paper is to compute and describe the conditions of an optimal employee ownership contract between an employer and an ambiguity-averse employee. We then introduce ambiguity aversion in the baseline model of Aubert et al (2014) using the multiple prior preferences of Gilboa and Schmeidler (1989) and its extension proposed by Maccheroni et al (2006) . This model offers solutions that reconcile labor and financial economics and behavioral economics research findings on employeedoi:10.1111/ecin.12478 fatcat:nejlgusonfaehk2zvfot6bq5aa