Due to the pandemic, all the workshop activities were online.
Schedule
Monday, September 6, 2021
9:00-12:00 Master Thesis presentations
12:15-13:00 Meeting with all students and faculty led by Pere Ortin at Virtual room 1
Alternative link: https://uibuniversitat.zoom.us/j/88531265849
15:00 Professors meeting at Virtual room 1
Alternative link: https://uibuniversitat.zoom.us/j/88531265849
Tuesday, September 7, 2021
9:15-11:15. Presentations of students from the DEMO Ph. D. Program at
https://uibuniversitat.zoom.us/j/88531265849
Chairman: Eduard Alonso (UIB)
Ismail Muhammad (UPNA)
Interplay of Not Invented Here Syndrome, External Social Capital and Innovation Climate
Discussant: Ryan Federo (UIB)
Bàrbara Estudillo (UIB)
The effect of occupational accidents on the construction companies’ economic performance
Discussant. Pere Ortin (UAB)
11:30. Seminar at https://uibuniversitat.zoom.us/j/88531265849
Chairman; Rafel Crespi (UIB)
Christine Eckert (University of Technology Sydney)
Who Pays the Price for Bad Advice?: The Role of Financial Vulnerability, Learning and Confirmation Bias
Abstract: What kinds of people will pay bad financial advisers? We show that experimental participants (n=2003) with a proclivity toward confirmation bias are more susceptible to bad advisers. We give participants a sequence of signals of adviser quality that can be clear or ambiguous, depending on each participant’s ability to discern bad advice. Rational participants set aside ambiguous signals and do not use them to update beliefs about advisers. Biased participants treat ambiguous signals as favoring their priors, and update accordingly. Younger, more trusting, more impulsive, less financially literate and less numerate participants are most vulnerable to paying a poor-quality adviser.