Tom’s research interests are in the areas of Environmental Finance, Asset Pricing Theory and Tests; Design of Markets - Market Microstructure; and Derivatives. His articles have appeared in leading journals including the Journal of Financial Economics, Journal of Finance, Review of Financial Studies, Journal of Financial and Quantitative Analysis, Journal of Business, Journal of Law and Economics, Journal of Accounting Research, Journal of Empirical Finance, Journal of Futures Markets, Journal of Fixed Income and Journal of Portfolio Management.