John Stovall, PhD is an economist with expertise in economic theory. His work has been published in some of the leading economics journals such as Econometrica, Journal of Economic Theory, and Journal of Health Economics. Applications of his research include consumer choice, bankruptcy, and health economics. Dr. Stovall has also taught university courses covering game theory, market structure, imperfect competition, auctions, and insurance markets.
In a series of published papers, Dr. Stovall developed a model of consumer choice under the influence of temptation. This framework explains, for example, inadequate savings for retirement or the consumption of addictive substances. In another series of papers, Dr. Stovall contributed to the analysis of allocation problems where there are conflicting claims on a resource, such as bankruptcy, public good cost sharing, or income tax distribution.
Before joining Secretariat, Dr. Stovall spent 14 years as an academic economist, serving on the faculty at both the University of Warwick and Brigham Young University. As an academic, Dr. Stovall presented his research findings at over 30 international conferences or universities. He also taught over 1600 students across 44 courses at the PhD, master’s, and undergraduate levels.