Behavioral Biases and Under-adoption of Business Practices

Last registered on November 04, 2022

Pre-Trial

Trial Information

General Information

Title
Behavioral Biases and Under-adoption of Business Practices
RCT ID
AEARCTR-0010352
Initial registration date
November 03, 2022

Initial registration date is when the trial was registered.

It corresponds to when the registration was submitted to the Registry to be reviewed for publication.

First published
November 04, 2022, 1:31 PM EDT

First published corresponds to when the trial was first made public on the Registry after being reviewed.

Locations

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Primary Investigator

Affiliation
UC Berkeley

Other Primary Investigator(s)

Additional Trial Information

Status
On going
Start date
2021-09-01
End date
2023-12-31
Secondary IDs
Prior work
This trial does not extend or rely on any prior RCTs.
Abstract
The study investigates the role of information constraints and behavioral biases in the under-adoption of key business practices by micro-enterprises in Brazil. We combine a randomized control trial with online surveys to study these questions.
External Link(s)

Registration Citation

Citation
De Oliveira, Priscila. 2022. "Behavioral Biases and Under-adoption of Business Practices." AEA RCT Registry. November 04. https://doi.org/10.1257/rct.10352-1.0
Experimental Details

Interventions

Intervention(s)
Intervention Start Date
2021-09-01
Intervention End Date
2023-12-31

Primary Outcomes

Primary Outcomes (end points)
Adoption of business practices
Primary Outcomes (explanation)
See pre-analysis plan for more details.

Secondary Outcomes

Secondary Outcomes (end points)
See pre-analysis plan for more details.
Secondary Outcomes (explanation)
See pre-analysis plan for more details.

Experimental Design

Experimental Design
Participants will be randomly assigned to one of three experimental groups: training only, micro-incentive and control. Entrepreneurs in the training only condition will receive a one-week free business training. Those in the micro-incentive condition will receive reminders and a small monetary incentive to adopt one business practice every month for three consecutive months, in addition to the business training. There will be random assignment to practices and value of the monetary incentive. Participants in the control group will not receive any intervention before data collection ends, and will receive the business training after the endline survey data is collected.
Experimental Design Details
Not available
Randomization Method
See pre-analysis plan for more details.
Randomization Unit
The randomization unit is the firm (entrepreneur) level.
Was the treatment clustered?
No

Experiment Characteristics

Sample size: planned number of clusters
800-1,000 entrepreneurs
Sample size: planned number of observations
800-1,000 entrepreneurs
Sample size (or number of clusters) by treatment arms
See pre-analysis plan for more details.
Minimum detectable effect size for main outcomes (accounting for sample design and clustering)
IRB

Institutional Review Boards (IRBs)

IRB Name
UC Berkeley Committee for Protection of Human Subjects
IRB Approval Date
2022-04-13
IRB Approval Number
2021-10-14750
Analysis Plan

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