Publications

All the News that’s Fit to Print

2018
Lo, Andrew W. (2018), All the News that’s Fit to Print, RISK, October 25.

Is Smaller Better? A Proposal to Use Bacteria for Neuroscientific Modeling

2018
Ram, Archana, and Andrew W. Lo (2018), Is Smaller Better? A Proposal to Use Bacteria for Neuroscientific Modeling, Frontiers in Computational Neuroscience 12 (7).

Variety Is the Spice of Life: Irrational Behavior as Adaptation to Stochastic Environments

2018
Brennan, Thomas J., Andrew W. Lo, and Ruixun Zhang (2018), Variety Is the Spice of Life: Irrational Behavior as Adaptation to Stochastic Environments, Quarterly Journal of Finance 8 (3), 55–108.

Adaptive Markets

2017
Lo, Andrew W. (2017), Adaptive Markets: Financial Evolution at the Speed of Thought, Princeton University Press.

This is Your Brain on Stocks

2017
Lo, Andrew W. (2017), This is Your Brain on Stocks, MarketWatch, June 3.

Stop-loss Strategies with Serial Correlation, Regime Switching, and Transaction Costs

2017
Lo, Andrew W., and Alexander Remorov (2017), Stop-Loss Strategies with Serial Correlation, Regime Switching, and Transaction Costs, Journal of Financial Markets 34, 1–15.

The Growth of Relative Wealth and the Kelly Criterion

2017
Lo, Andrew W., H. Allen Orr, and Ruixun Zhang (2018), The Growth of Relative Wealth and the Kelly Criterion, Journal of Bioeconomics 20 (1), 49–67.

Hedge Fund Holdings and Stock Market Efficiency

2017
Cao, Charles, Bing Liang, Andrew W. Lo, and Lubomir Petrasek (2018), Hedge Fund Holdings and Stock Market Efficiency, Review of Asset Pricing Studies 8 (1), 77–116.

What Can Mother Nature Teach Us About Managing Financial Systems?

2016
Levin, Simon, and Andrew W. Lo (2016), What Can Mother Nature Teach Us About Managing Financial Systems, The Christian Science Monitor, August 22.

What Is An Index?

2016
Lo, Andrew W. (2016), What Is an Index?, Journal of Portfolio Management 42 (2), 21–36.

The Gordon Gekko Effect: The Role of Culture in the Financial Industry

2016
Lo, Andrew W. (2016), The Gordon Gekko Effect: The Role of Culture in the Financial Industry, FRBNY Economic Policy Review 22 (1), 17–42.

The Wisdom of Crowds vs. the Madness of Mobs

2015
Lo, Andrew W. (2015), The Wisdom of Crowds vs. the Madness of Mobs, In Handbook of Collective Intelligence, edited by Thomas W. Malone and Michael S. Bernstein, 21–38.

Macroeconomic Modeling and Financial Stability: Lessons from the Crisis

2014
Lo, Andrew W. (2014), Macroeconomic Modeling and Financial Stability: Lessons from the Crisis, Banking Perspective 2, 22–31.

The Origin of Risk Aversion

2014
Zhang, Ruixun, Thomas J. Brennan, and Andrew W. Lo (2014), The Origin of Risk Aversion, Proceedings of the National Academy of Sciences 111 (50), 17777–17782.

Dynamic Loss Probabilities and Implications for Financial Regulation

2014
Brennan, Thomas J., and Andrew W. Lo (2014), Dynamic Loss Probabilities and Implications for Financial Regulation, Yale Journal on Regulation 31 (3), 667–694.