PhD Defence: Measurement, Dynamics, and Implications of Heterogeneous Beliefs in Financial Markets
ERIM’s Saskia ter Ellen confronts the many dimensions of diversity and an over reliance on homogeneity throughout the dismal science in her upcoming dissertation. Contributing to a new field of research which seeks to create a more stylized, but representative, economic model, Saskia demonstrates that such diversity may imbue economic actors or persons with unstable and unconditional forecasting rules in the formation of expectations.