XV IBEW, September 6 and 7, 2021

This workshop builds on the MMOBE program (Master in Management, Organization and Business Economics) and the DEMO PhD program (Doctorate in Economics Management and Organisation). The Master in Management, Organization and Business Economics offers specialised and advanced training in the field of business research to initiate in business research and its relevant dimensions, offering an analytical focus of the managerial decisions and problems that affect businesses. The Doctorate in Economics Management and Organisation is a rigorous and internationally competitive PhD program for training high quality and publishable research in science based approaches to management of organisations.

These Master and PhD programs pool the efforts of three separate universities, the Department of Business Economics at Universitat Autònoma de Barcelona, the Department of Business Economics at Universitat de les Illes Balears and the Department of Business Management at the Universidad Pública de Navarra. 

The workshop deals with business research questions from the perspective of economics. The topics covered are wide enough to include key issues of the economics of the firm as corporate strategy, corporate governance, human resource management or innovation activities, to mention some of them.

The IBEW is organised by Rafel Crespi and Lluis Bru, both professors from the Universitat de les Illes Balears Department d’Economia de l’Empresa at the Campus de la Carretera de Valldemossa, km. 7. The Campus is located between Palma de Mallorca and Valldemossa. Unfortunately, due to the Covid-19 pandemic, the workshop will be online instead of presential.

The workshop will include presentations an discussions of regular research papers related to the topics covered by the IBEW, in a stimulating interactive and participative way..


The workshop activities will be online. A zoom link will be facilitated soon.


Monday, September 6, 2021

9:00-12:00 Master Thesis presentations

Virtual room 1

Virtual room 2

Virtual room 3

Virtual room 4

Virtual room 5

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


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.