Metadata last updated on Feb 1, 2022
We share data, codes and questionnaires for the replication of the paper "Estimating the Demand for Business Training: Evidence from Jamaica." The study conducted two experiments in Jamaica using the Becker-DeGroot-Marschak mechanism and take-it-or-leave-it offers to estimate the demand for training. We found that most entrepreneurs have positive willingness to pay for training, but demand falls sharply as price increases. Offering the chance to pay in installments does not increase demand. Higher prices screen out poorer, less educated entrepreneurs with smaller firms. However, charging a higher price does increase attendance among those who pay. Finally, the paper points to the limitations of using a BDM mechanism in a context of low contract enforcement, and when payments for purchasing an intangible service do not occur immediately.
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