Publications

Why Animal Spirits Can Cause Markets to Break Down

2009
Lo, Andrew W. (2009), Why Animal Spirits Can Cause Markets to Break Down, Financial Times, July 21.

When the Wisdom of Crowds Becomes the Madness of Mobs

2009
Insight: When the Wisdom of Crowds Becomes the Madness of Mobs, Financial Times, September 30.

Radical Reform of Executive Pay

2009
Lo, Andrew W. (2009), Radical Reform of Executive Pay, Freakonomics Blog, October 9.

Regulatory Reform in the Wake of the Financial Crisis of 2007-2008

2009
Lo, Andrew W. (2009), Regulatory Reform in the Wake of the Financial Crisis of 2007-2008, Journal of Financial Economic Policy 1 (1), 4–43.

Efficient Markets Hypothesis

2008
Lo, Andrew W. (2008), Efficient Markets Hypothesis, In The New Palgrave Dictionary of Economics, 2nd edition, edited by Steven N. Durlauf and Lawrence E. Blume, 1678–1690.

Survival of the Richest

2006
Lo, Andrew W. (2006), Survival of the Richest, Harvard Business Review, March.

Reconciling Efficient Markets with Behavioral Finance: The Adaptive Markets Hypothesis

2005
Lo, Andrew W. (2005), Reconciling Efficient Markets with Behavioral Finance: The Adaptive Markets Hypothesis, Journal of Investment Consulting 7 (2), 21–44.

Fear and Greed in Financial Markets: A Clinical Study of Day-Traders

2005
Lo, Andrew W., Dmitry V. Repin, Brett N. Steenbarger, David Laibson, David Hirshleifer, and Kevin McCabe (2005), Fear and Greed in Financial Markets: A Clinical Study of Day-Traders, American Economic Review 95 (2), 352–359.

The Adaptive Markets Hypothesis: Market Efficiency from an Evolutionary Perspective

2004
Lo, Andrew W. (2004), The Adaptive Markets Hypothesis: Market Efficiency from an Evolutionary Perspective, Journal of Portfolio Management 30 (5), 15–29.

The Psychophysiology of Real-Time Financial Risk Processing

2002
Lo, Andrew W., and Dmitry V. Repin (2002), The Psychophysiology of Real-Time Financial Risk Processing, Journal of Cognitive Neuroscience 14 (3), 323–339.

Bubble, Rubble, Finance In Trouble?

2002
Lo, Andrew W. (2002), Bubble, Rubble, Finance in Trouble?, Journal of Psychology and Financial Markets 3 (2), 76–86.

Personal Indexes

2001
Lo, Andrew W. (2001), Personal Indexes, Journal of Indexes, 2nd Quarter, 26–35.

Agent-Based Models of Financial Markets: A Comparison with Experimental Markets

2001
Poggio, Tomaso, Andrew W. Lo, Blake LeBaron, and Nicholas T. Chan (2001), Agent-Based Models of Financial Markets: A Comparison with Experimental Markets.

Finance: A Selective Survey

2001
Lo, Andrew W. (2001), Finance: A Selective Survey, In Statistics in the 21st Century, edited by Adrian E. Raftery, Martin A. Tanner, and Martin T. Wells, 102–114.

A Non-Random Walk Down Wall Street

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