Andrew W. Lo

Andrew W. Lo serves as the Charles E. and Susan T. Harris Professor at MIT Sloan School of Management, where he directs the Laboratory for Financial Engineering while also holding positions as a principal investigator at MIT's Computer Science and Artificial Intelligence Laboratory and as an external faculty member at the Santa Fe Institute. After earning his B.A. in economics from Yale University in 1980 and his Ph.D. from Harvard University in 1984, he taught at Wharton before joining MIT in 1988. His groundbreaking research spans five key areas: evolutionary models of investor behavior, systemic risk and financial regulation, quantitative market models, machine learning applications in finance, and healthcare finance. His work has earned numerous prestigious honors, including Batterymarch, Guggenheim, and Sloan Fellowships, the Paul A. Samuelson Award, the Eugene Fama Prize, and recognition as one of TIME's 100 most influential people. As a Fellow of Academia Sinica, the American Academy of Arts and Sciences, and several other prestigious institutions, Lo continues to shape financial theory through his innovative research on adaptive markets, biomedical funding models, and the application of evolutionary principles to financial systems. His current projects include developing new statistical tools for clinical trial outcomes and exploring novel funding structures for biomedical innovation