Publications

How does news affect biopharma stock prices?: An event study

2024
Cho, Joonhyuk, Manish Singh, and Andrew W. Lo (2024), How Does News Affect Biopharma Stock Prices?: An Event Study, PLoS One 19 (1), e0296927.

Financial Intermediation and the Funding of Biomedical Innovation: A Review

2023
Lo, Andrew W., Richard T. Thakor (2023), Financial Intermediation and The Funding of Biomedical Innovation: A Review, Journal of Financial Intermediation 54.

Leveraging Patient Preference Information in Medical Device Clinical Trial Design

2023
Rincon-Gonzalez, Lilianna, Wendy K. D. Selig, Brett Hauber, Shelby D. Reed, Michelle E. Tarver, Shomesh E. Chaudhuri, Andrew W. Lo, Dean Bruhn-Ding, and Barry Liden (2023), Leveraging Patient Preference Information in Medical Device Clinical Trial Design, Therapeutic Innovation & Regulatory Science 57, 152–159.

Financing Fusion Energy

2022
Alhamdan, Abdullah, Zachery Halem, Irene Hernandez, Andrew W. Lo, Manish Singh, and Dennis Whyte (2022), Financing Fusion Energy, Journal of Investment Management 21 (1).

Pandemic Readiness Requires Bold Federal Financing for Vaccines

2022
Lo, Andrew W., and Ishan Sharma (2022), Pandemic Readiness Requires Bold Federal Financing for Vaccines, Day One Project.

Optimal Impact Portfolios with General Dependence and Marginals

2022
Lo, Andrew W., Lan Wu, Ruixun Zhang, and Chaoyi Zhao (2022), Optimal Impact Portfolios with General Dependence and Marginals, Working Paper.

Paying Off the Competition: Market Power and Innovation Incentives

2022
Li, Xuelin, Andrew W. Lo, and Richard T. Thakor (2022), Paying Off the Competition: Market Power and Innovation Incentives, Working Paper.

Social Contagion and the Survival of Diverse Investment Styles

2022
Hirshleifer, David A. Andrew W. Lo, and Ruixun Zhang (2022), Social Contagion and the Survival of Diverse Investment Styles, Working Paper.

Hamilton’s rule in economic decision-making

2022
Levy, Moshe, and Andrew W. Lo (2022), Hamilton’s rule in economic decision-making, Proceedings of the National Academy of Sciences 119 (16).

The Effects of Spending Rules and Asset Allocation on Non-Profit Endowments

2022
Halem, Zachery M., Andrew W. Lo, Egor Matveyev, and Quraishi, Sarah (2022), The Effects of Spending Rules and Asset Allocation on Non-Profit Endowments, Journal of Portfolio Management 49 (1), 81-106.

When Do Investors Freak Out? Machine Learning Predictions of Panic Selling

2022
Elkind, Daniel, Kathryn Kaminski, Andrew W. Lo, Kien-Wei Siah, and Chi Heem Wong (2022), When Do Investors Freak Out? Machine Learning Predictions of Panic Selling, Journal of Financial Data Science 4 (1), 11-39.

An Artificial Intelligence-Based Industry Peer Grouping System

2022
Bonne, George, Andrew W. Lo, Abilash Prabhakaran, Kien-Wei Siah, Manish Singh, Xinxin Wang, Peter Zangari, and Howard Zhang (2022), An Artificial Intelligence-Based Industry Peer Grouping System, The Journal of Financial Data Science 4 (2), 9-36.

World of EdCraft: Teaching Healthcare Finance at MIT

2022
Lo, Andrew W. (2022), World of EdCraft: Teaching Healthcare Finance at MIT. Harvard Data Science Review, 4(2).

Identifying and Mitigating Potential Biases in Predicting Drug Approvals

2022
Xu, Qingyang, Elaheh Ahmadi, Alexander Amini, Daniela Rus, and Andrew W. Lo, Identifying and Mitigating Potential Biases in Predicting Drug Approvals, Drug Safety 45, 521–533.

Financing Biomedical Innovation

2022
Lo, Andrew W., and Richard T. Thakor (2022), Financing Biomedical Innovation, Annual Review of Financial Economics 14, 231-270.