Eric VanEpps

A new paper, co-authored by Eric M. VanEpps, associate professor of marketing at Vanderbilt Business, shows that a lack of consumer confidence in forecasting ability, instead of pessimism, sways stock market predictions, often pushing estimates too low. In this study, the term consumers refers to ordinary people who are not professional investors or economists; consumer confidence refers to how confident they feel in their own ability to understand and predict the stock market. Read More