• Agreeing on Disagreement: Heterogeneity or Uncertainty? 

      ter Ellen, Saskia; Verschoor, Willem F.C.; Zwinkels, Remco C.J. (Working Papers;4/2016, Working paper, 2016)
      Disagreement is used as a measure of both investor heterogeneity and uncertainty. We study whether disagreement captures heterogeneity or uncertainty for the foreign exchange market. We do so by relating disagreement to ...
    • Heterogeneous Beliefs and Asset Price Dynamics: A Survey of Recent Evidence 

      Verschoor, Willem F.C.; ter Ellen, Saskia (Working Papers;22/2017, Working paper, 2017)
      This paper reviews the empirical literature on heterogeneous beliefs and asset price dynamics that challenges the traditional rational agent framework. Emphasis is given to the validation and estimation of (dynamic) ...