Applied Complexity Roundtable
  US Mountain Time
Andrew Lo

This event is private.

Emergent Engineering considers the challenges and opportunities that arise when attempting engineering projects in systems with adaptive agents. A fuller exposition of these idea can be found in this recent chapter by David Krakauer, and this recent Aeon article by Jessica Flack and Melanie Mitchell.

There is an important role for SFI’s practitioner community in the continued development of this area of research. Toward that end, ACtioN is hosting a series of discussions aimed at exploring the application of emergent engineering, and learning from naturally occurring social experiments. The first discussion, which took place on September 24, broadly surveyed this area. The second discussion, which took place on December 17, used emergent engineering as a lens to examine organizational change attempts that produced unexpected, unplanned, or ill-understood outcomes. This third discussion will focus on Emergent Engineering in markets.


Presenting Speaker:

Andrew LoCharles E. and Susan T. Harris Professor at the MIT Sloan School of Management, Director of MIT’s Laboratory for Financial Engineering, principal investigator at MIT’s Computer Science and Artificial Intelligence Lab, and an external professor at the Santa Fe Institute

Andrew Lo received a B.A. in economics from Yale University in 1980, and an A.M. and Ph.D. in economics from Harvard University in 1984. His most recent research focuses on systemic risk in the financial system; evolutionary approaches to investor behavior, bounded rationality, and financial regulation; and applying financial engineering and data science to develop new funding models for biomedical innovation.

Lo has published extensively in academic journals (see and his most recent book is Adaptive Markets: Financial Evolution at the Speed of Thought.  His awards include Batterymarch, Guggenheim, and Sloan Fellowships; the Paul A. Samuelson Award; the Eugene Fama Prize; the IAFE-SunGard Financial Engineer of the Year; the Global Association of Risk Professionals Risk Manager of the Year; the Harry M. Markowitz Award; the Managed Futures Pinnacle Achievement Award; one of TIME’s “100 most influential people in the world”; and awards for teaching excellence from both Wharton and MIT. His book Adaptive Markets has also received a number of awards. He is a Fellow of Academia Sinica, the American Academy of Arts and Sciences, the Econometric Society, and the Society of Financial Econometrics.

Lo is also a research associate of the National Bureau of Economic Research, a member of the Board of Overseers at Beth Israel Deaconess Medical Center, a board member of BridgeBio Pharma and Roivant Sciences, and an advisory board member of NIH/NCATS.

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