Publications

Differentiated dollars

2022
Alvarez, Daniel L., Lo and Andrew W. Lo (2022), Differentiated dollars, Nature Biotechnology, 1546-1696.

Financing Alzheimer’s Disease Drug Development

2022
Cummings, Jayna, Amanda Hu, Angela Su, and Andrew W. Lo (2022), Financing Alzheimer’s Disease Drug Development, In Alzheimer’s Disease Drug Development: Research and Development Ecosystem, edited by Jeffrey Cummings, Jefferson Kinney, and Howard Fillit, 465–479. Cambridge, UK: Cambridge University Press.

Measuring the Economic and Academic Impact of Philanthropic Funding: The Breast Cancer Research Foundation

2022
Vasileva, Detelina, Larry Norton, Marc Hurlbert, and Andrew W. Lo (2022), Measuring the Economic and Academic Impact of Philanthropic Funding: The Breast Cancer Research Foundation, Journal of Investment Management 20 (1), 5-24.

Quantifying the Impact of Impact Investing

2022
Lo, Andrew W., and Ruixun Zhang (2021), Quantifying the Impact of Impact Investing.

Explainable Machine Learning Models of Consumer Credit Risk (Working Paper)

2022
Davis, Randall, Andrew W. Lo, Sudhanshu Mishra, Arash Nourian, Manish Singh, Nicholas Wu, and Ruixun Zhang (2022), Explainable Machine Learning Models of Consumer Credit Risk, Working Paper.

Financing Vaccines for Global Health Security

2022
Vu, Jonathan T., Benjamin K. Kaplan, Shomesh E. Chaudhuri, Monique K. Mansoura, and Andrew W. Lo (2022), Financing Vaccines for Global Health Security, Journal Of Investment Management 20 (2), 1-17.

A Brainier Approach to ESG Investing

2021
Smith, Erin, Rashi Ojha, Andrew W. Lo, Jeffrey L. Cummings, William Hynes, and Harris Eyre (2021), Psychiatric Times.

Predicting drug approvals: The Novartis data science and artificial intelligence challenge

2021
Wei Siah, Kien, Nicholas W. Kelley, Steffen Ballerstedt, Bjorn Holzhauer, Tianmeng Lyu, David Mettler, Sophie Sun, Simon Wandel, Yang Zhong, Bin Zhou, Shifeng Pan, Yingyao Zhou, and Andrew W. Lo (2021), Predicting drug approvals: The Novartis data science and artificial intelligence challenge, Patterns 2 (8), 1-9.

The Financial System Red in Tooth and Claw: 75 Years of Co-Evolving Markets and Technology

2021
Lo, Andrew W. (2021), The Financial System Red in Tooth and Claw: 75 Years of Co-Evolving Markets and Technology, Financial Analysts Journal 77 (3), 5-33.

The Risk, Reward, and Asset Allocation of Nonprofit Endowment Funds (Working Paper)

2021
Lo, Andrew W., Egor Matveyev, and Stefan Zeume (2021), The Risk, Reward, and Asset Allocation of Nonprofit Endowment Funds, Working Paper.

Spectral factor models

2021
Bandi, Federico M., Shomesh E. Chaudhuri, Andrew W. Lo, Andrea Tamoni (2021), Spectral factor models, Journal of Financial Economics 142, 214-238.

The Evolutionary Origin of Bayesian heuristics and Finite Memory

2021
Lo, Andrew W., and Ruixun Zhang (2021), The Evolutionary Origin of Bayesian Heuristics and Finite Memory, iScience 24 (8).

To Maximize or Randomize? An Experimental Study of Probability Matching in Financial Decision Making

2021
Lo, Andrew W., Katherine Marlowe, and Ruixun Zhang (2021), To maximize or randomize? An experimental study of probability matching in financial decision making, PLoS ONE 16(8), e0252540.

Introduction to PNAS special issue on evolutionary models of financial markets

2021
Levin, Simon A., and Andrew W. Lo (2021), Introduction to PNAS special issue on evolutionary models of financial markets, PNAS 118 (26), e2104800118.

Can Financial Economics Cure Cancer?

2021
Lo, Andrew W. (2021), Can Financial Economics Cure Cancer?, Atlantic Economic Journal 49, 3–21.