Andrew Lo evaluates the evidence of bizarre robot behavior in the markets and offers his interpretation.

There's high-frequency trading, and now there's high-frequency crashing. But identifying the causes of the 6th May 2010 'flash crash' has proved to be a relatively slow process. Bob Giffords goes in search of causes, outcomes, explanations and lessons to be learned. Andrew Lo gives his take on it.

"Technical advantage has far outstipped our capacity to manage it," says MIT Sloan Prof. Andrew Lo in this blog entry on the increasingly complex rule-bending practices of financial innovation.

MIT Sloan Prof. Andrew Lo co-authored a report on an experiment to find out if humans are able to distinguish between real and randomly generated financial data.