Publications

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.

Can Financial Economics Cure Cancer?

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

Parkinson’s Patients’ Tolerance for Risk and Willingness to Wait for Potential Benefits of Novel Neurostimulation Devices: A Patient-Centered Threshold Technique Study

2021
Hauber, Brett, Brennan Mange, Mo Zhou, Shomesh Chaudhuri, Heather L. Benz, Brittany Caldwell, John P. Ruiz, Anindita Saha, Martin Ho, Stephanie Christopher, Dawn Bardot, Margaret Sheehan, Anne Donnelly, Lauren McLaughlin, Katrina Gwinn, Andrew Lo, and Murray Sheldon (2021), Parkinson's Patients' Tolerance for Risk and Willingness to Wait for Potential Benefits of Novel Neurostimulation Devices: A Patient-Centered Threshold Technique Study, MDM Policy & Practice 6 (1), https://doi.org/10.1177/2381468320978407.

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.

Accelerating glioblastoma therapeutics via venture philanthropy

2021
Siah, Kien Wei, Qingyang Xu, Kirk Tanner, Olga Futer, John J. Frishkopf, and Andrew W. Lo (2021), Accelerating glioblastoma therapeutics via venture philanthropy, Drug Discovery Today 26 (7), 1744-1749. https://doi.org/10.1016/j.drudis.2021.03.020.

The Origin of Cooperation

2021
Koduri, Nihal, and Andrew W. Lo (2021), The Origin of Cooperation, Proceedings of the National Academy of Sciences 118 (26), e2015572118.

Incorporating Patient Preferences via Bayesian Decision Analysis

2021
Chaudhuri, Shomesh E., and Andrew W. Lo (2021), Incorporating Patient Preferences via Bayesian Decision Analysis, Clinical Journal of the American Society of Nephrology 16 (1), 639–641.

Life sciences intellectual property licensing at the Massachusetts Institute of Technology

2021
Huang, Samuel, Kien Wei Siah, Detelina Vasileva, Shirley Chen, Lita Nelsen & Andrew W. Lo (2021), Life sciences intellectual property licensing at the Massachusetts Institute of Technology, Nature Biotechnology 39, 293–301 .

Algorithmic Models of Investor Behavior

2021
Lo, Andrew W., and Alexander Remorov (2021), Algorithmic Models of Investor Behavior, Journal of Systematic Investing 1 (1), 1-29.

A Brain Capital Grand Strategy: Toward Economic Reimagination

2021
Smith, Erin, Diab Ali, Bill Wilkerson, Walter D. Dawson, Kunmi Sobowale, Charles Reynolds III, Michael Berk, Helen Lavretsky, Dilip Jeste, Chee Ng, Jair C. Soares, Gowri Aragam, Zoe Wainer, Husseini K. Manji, Julio Licinio, Andrew W. Lo, Eric Storch, Ernestine Fu, Marion Leboyer, Ioannis Tarnanas, Agustin Ibanez, Facundo Manes, Sarah Caddick, Howard Fillit, Ryan Abbott, Ian H. Robertson, Sandra B. Chapman, Rhoda Au, Cara M. Altimus, William Hynes, Patrick Brannelly, Jeffrey Cummings, and Harris A. Eyre (2021), A Brain Capital Grand Strategy: Toward Economic Reimagination, Molecular Psychiatry 26, 3–22.

Financing Correlated Drug Development Projects

2021
Lo, Andrew W., and Kien Wei Siah (2021), Financing Correlated Drug Development Projects, Journal of Structured Finance 27 (1), 17–34, https://doi.org/10.3905/jsf.2020.1.114 .

A Cost/Benefit Analysis of Clinical Trial Designs for COVID-19 Vaccine Candidates

2020
Berry, Donald, Scott Berry, Peter Hale, Leah Isakov, Andrew W. Lo, Kien Wei Siah, Chi Heem Wong (2020), A Cost/Benefit Analysis of Clinical Trial Designs for COVID-19 Vaccine Candidates, PLoS ONE 15(12): e0244418.

Robert C. Merton: The First Financial Engineer

2020
Lo, Andrew W., Robert C. Merton: The First Financial Engineer, Annual Reviews 12, 1-18.