Thomas Covert studies industrial organization, energy economics, and finance. His research focuses on the impact of regulation on the information and investment incentives available to energy producing firms. He is currently examining how mandated information disclosure affects the speed at which oil companies learn to use new technologies like hydraulic fracturing. In ongoing work with co-authors here and at Washington University in St. Louis, he is investigating the effect of environmental policy on patterns of investment and disinvestment in the US power sector. With co-authors at the Massachusetts Institute of Technology (MIT), he is studying the relationship between mandated information disclosure and financial market performance.
Covert’s research has appeared in the Journal of Financial Economics. He is a recipient of the Enel Endowment Prize from the Harvard Environmental Economics Program, and the Sandra Ohrn Family Graduate Student Dissertation Fellowship from Harvard University.
He holds a PhD in business economics from Harvard University and an SB in mathematics from MIT. Prior to joining Chicago Booth, he was a postdoctoral scholar in the University of Chicago’s Department of Economics and the Energy Policy Institute at the University of Chicago (EPIC). Additionally, he was a senior analyst at Cornerstone Research in Boston prior to pursuing his PhD studies.