Andrew Lo, the Charles E. and Susan T. Harris Professor at MIT’s Sloan School of Management and a principal investigator at CSAIL, has been named one of 2012’s “The 100 Most Influential People in the World” by Time magazine.
Lo is honored for his “adaptive markets” theory, and his belief that “markets are less like rule-based physics and more like messy biological systems,” wrote Time.
“If Adam Smith had a mind meld with Charles Darwin, Andrew Lo might result,” the article notes. “Lo is known for his multidisciplinary approach to finance, using everything from statistical analysis to neuroscience to better understand the markets.”
Lo joined CSAIL last summer, as he felt that delving into the study of computer science and artificial intelligence would allow him to make great strides in his work with evolutionary and neurobiological models of individual risk preferences and financial markets.