The authors estimate an agency model using the payroll records of a copper mine that paid a production bonus to teams of workers. They estimate the cost of incomplete information due to insurance and incentives considerations and the inefficiency caused by the simple form of the incentive...

This paper studies the self-sufficiency project (SSP), a controlled randomized experiment concerning welfare, by estimating a model of endogenous skill accumulation, multidimensional job opportunities, and time-varying opportunity costs of labour market time. Methods for estimating dynamic...