Andrew Lo

Charles E. and Susan T. Harris Professor
Professor of Finance
Director, Laboratory for Financial Engineering

Biography | Selected Publications

"Unintended Consequences of Expensive Cancer Therapeutics—The Pursuit of Marginal Indications and a Me-Too Mentality That Stifles Innovation and Creativity." Tito Fojo, Sham Mailankody, and Andrew Lo. JAMA Otolaryngol Head Neck Surg. Published online July 28, 2014.

"Parallel Discovery of Alzheimer’s Therapeutics." Andrew W. Lo, Carole Ho, Jayna Cummings, and Kenneth S. Kosik. Science Translational Medicine 241(6), 1-8  (2014)

"Financial Orphan Therapies Looking For Adoption." Vikas Sukhatme, Kathy Fang, Andrew Lo, and Vidula Sukhatme. Health Affairs Blog, March 6, 2014

"Financing Drug Discovery for Orphan Diseases." David E. Fagnan, Austin A. Gromatzky, Roger M. Stein, Jose-Maria Fernandez, and Andrew W. Lo. Drug Discovery Today 19 (2014), 533-538 (2014)

"New Financing Methods in the Biopharma Industry: A Case Study of Royalty Pharma, Inc." Andrew W. Lo and Sourya V. Naraharisetti. Journal of Investment Management 12(1): 4-19 (2014)

"When Do Stop-Loss Rules Stop Losses?" Kathryn M. Kaminski, and Andrew W. Lo. Journal of Financial Markets 18 (2014), 234-254. (2014)

"Can Hedge Funds Time Market Liquidity?" Charles Cao, Yong Chen, Bing Liang, and Andrew W. Lo. Journal of Financial Economics 109(2): 493–516 (2013)

"Can Financial Engineering Cure Cancer?" David E. Fagnan, Jose Maria Fernandez, Andrew W. Lo, and Roger M. Stein. American Economic Review 103 (2013), 406-411.  (2013)

"Learning Connections in Financial Time Series." Gartheeban Ganeshapillai, John Guttag, and Andrew W. Lo. Proceedings of the 30th International Conference on Machine Learning (ICML-13) 30, 109-117 (2013)

"Moore’s Law vs. Murphy’s Law: Algorithmic Trading and Its Discontents." Andrei A. Kirilenko and Andrew W. Lo. Journal of Economic Perspectives 27(2): 51–72 (2013)

"On a New Approach for Analyzing and Managing Macrofinancial Risks." Robert C. Merton, Monica Billio, Mila Getmansky, Dale Gray, Andrew W. Lo, and Loriana Pelizzon. Financial Analysts Journal 69 (2013), 22-33.  (2013)

Quantifying Systemic Risk. Joseph G. Haubrich and Andrew W. Lo. Chicago, IL: The University of Chicago Press, 2013.

"Systemic Risk and the Refinancing Ratchet Effect." Amir E. Khandani, Andrew W. Lo, and Robert C. Merton. Journal of Financial Economics 108 (2013), 29-45. (2013)

"Using Algorithmic Attribution Techniques To Determine Authorship In Unsigned Judicial Opinions." William Li, Pablo Azar, David Larochelle, Phil Hill, James Cox, Robert C. Berwick, and Andrew W. Lo. Stanford Technology Law Review 16(3): 503-534 (2013)

"What Post-Crisis Changes Does the Economics Discipline Need? Beware of Theory Envy!" Andrew W. Lo, in What's the Use of Economics: Teaching the Dismal Science After the Crisis, Diane Coyle, ed. London, UK: London Publishing Partnership, 2012

"Estimating the NIH Efficient Frontier." Dimitrios Bisias, Andrew W. Lo, and Jamie Watkins. PLoS ONE 7(5) (2012).  (2012)

"Adaptive Markets and the New World Order." Andrew W. Lo. Financial Analysts Journal, 68 (2012), 18-29  (2012)

"Commercializing Biomedical Research Through Securitization Techniques." Jose-Maria Fernandez and Roger M. Stein, and Andrew W. Lo. Nature Biotechnology 30 (2012), 964-975.  (2012)

"Do Labyrinthine Legal Limits on Leverage Lessen the Likelihood of Losses?" Andrew W. Lo and Thomas J. Brennan, Texas Law Review 90 (2012), 1775-1810. (2012)

"Econometric Measures of Connectedness and Systemic Risk in the Finance and Insurance Sectors." Monica Billio, Mila Getmansky, Andrew W. Lo, and Loriana Pelizzon. Journal of Financial Economics 104 (2012), 535-559 (2012)

Rethinking the Financial CrisisAlan S. Blinder, Andrew W. Lo, and Robert M. Solow, New York, NY: Russell Sage Foundation and The Century Foundation, 2012  (2012)

Measuring Systemic Risk in the Finance and Insurance Sectors. Monica Billio, Mila Getmansky, Andrew W. Lo, and Loriana Pelizzon, Working Paper (2011)

The Evolution of Technical Analysis: Financial Prediction from Babylonian Tablets to Bloomberg Terminals. Andrew W. Lo and Jasmina Hasanhodzic. Hoboken, NJ: John Wiley & Sons, Inc., 2010.

The Heretics of Finance. Andrew W. Lo and Jasmina Hasanhodzic. New York, NY: Bloomberg Press. 2009

Hedge Funds: An Analytic Perspective. Andrew W. Lo, Princeton, NJ: Princeton University Press, 2008

A Non-Random Walk Down Wall Street. Andrew W. Lo and A. Craig MacKinlay. Princeton, NJ: Princeton University Press, 1999, 2007

The Econometrics of Financial Markets. John Y. Campbell, Andrew W. Lo and A. Craig MacKinlay. Princeton, NJ: Princeton University Press, 1997.

The Industrial Organization and Regulation of the Securities Industry (National Bureau of Economic Research Conference Report). Edited by Andrew W. Lo. Chicago, IL: University of Chicago Press, 1995.

View complete list of publications (PDF) >>

 

Contact Information
Office: E62-618
Tel: (617) 253-0920
Fax: (617) 258-6855
Support Staff
Name: Patricia Thompson
Tel: (617) 715-4817
Name: Jayna Cummings
Tel: (617) 258-5727
Group(s)

Research Center(s)

General Expertise
Analyst forecasts; Angel investing; Applied economics; Applied math; Applied probability; Arbitrage pricing theory; Artificial intelligence; Asset management and pricing; Banking; Banking management; Banking operations and policy; Banking regulation; Bankruptcy; Bayesian networks; Bayesian statistics; Bond markets; Bond negotiations; Bond pricing; Business education; Business intelligence; Business plans; Capital budgeting; Capital controls; Capital market; CEO compensation; Chat rooms, investment; Consumer behavior; Contagion; Corporate finance; Corporate governance; Corporate strategy and policy; Currency; Data acquisition; Data mining; Decision making, decision support; Deflation; Derivatives; Disaster recovery; Distance learning; Diversification, corporate; Dividend policy; Dot-com; E-commerce; Econometrics; Economic crisis; Economics; Economy, current conditions; Education; Emerging businesses; Entrepreneurial finance; Entrepreneurial management; Entrepreneurship / New ventures; Equities; Euro; Exchange rates; Executive compensation; Executive education; Federal Reserve; Financial econometrics; Financial engineering; Financial information technology; Financial markets; Financial reporting; Financial services; Financial statement analysis; Foreign investment; Futures; Government; Hedge funds; Hurdle rates; Inflation; Information technology; Information technology, artificial intelligence; Intellectual property; Intellectual property law; Interest rates; International finance; Intertemporal choice; Investment analysis; Investment banking; Investment risk; Investment strategies; Knowledge sharing; Law; Macroeconomics; Market, categorical structures in; Mathematical programming; MBA; Mergers and acquisitions; Mortgage funds; Mutual funds; Neural networks; New stock markets; New ventures; Non-linear dynamics; Online banking; Online feedback mechanisms; Operations research; Optimal control; Optimization; Options; Patents; Pensions; Personal finance; Portfolio choice; Portfolio design and management; Private equity; Probability, applied; Research and development; Research, academic; Retirement planning; Revenue management; Risk capital; Risk management; Sampling; Securities and Exchange Commission; Security prices; Simulation; Software agents; Startups; Statistics; Stochastic modeling; Stock exchange; Stock exchange consolidation; Stock market; Stock options; Stock trading; Sub-prime lending; Technology; Trading decisions; Treasuries; Valuation; Venture capital; Wall Street; Web-based marketing