Estimating the Demand for Business Training


Next in Development Economics

Business training programs are typically offered for free. Charging for training provides potential benefits including financial sustainability, but little is known about how price affects the demand for training. Diego Ubfal discusses two experiments in Jamaica using the Becker-DeGroot-Marschak mechanism and take-it-or-leave-it offers to estimate the demand for training.

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Image courtesy of interviewee. September 13, 2023

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