Agarwal and Lo elected to American Academy of Arts and Sciences

April 30, 2013

Ananta Agarwal, Andrew Lo are elected to American Academy of Arts and Sciences, April, 2013.

Professor Anant Agarwal and Professor Andrew Lo (appearing in that order in the photo left) are two of 198 new members elected to the American Academy of Arts and Sciences. Members of the Academy include some of the world’s most accomplished scholars, scientists, writers, artists, and civic, corporate, and philanthropic leaders.

“Election to the Academy honors individual accomplishment and calls upon members to serve the public good,” said Academy President Leslie C. Berlowitz. “We look forward to drawing on the knowledge and expertise of these distinguished men and women to advance solutions to the pressing policy challenges of the day.”

One of the nation’s most prestigious honorary societies, the Academy is also a leading center for independent policy research. Members contribute to Academy publications and studies of science and technology policy, energy and global security, social policy and American institutions, and the humanities, arts, and education.

Anant Agarwal is a principal investigator at CSAIL, a professor in the MIT Electrical Engineering and Computer Science Department at MIT, and the president of edX, the not-for-profit online learning enterprise founded by Harvard University and the Massachusetts Institute of Technology (MIT). Anant Agarwal is the President of edX, a worldwide, online learning initiative of MIT and Harvard University, and a professor in MIT's EECS department. He has also served as the Director of the Computer Science and Artificial Intelligence Laboratory (CSAIL). He leads the Carbon Project, which is developing new scalable multicore architectures, a new operating system for multicore and clouds called fos, and a distributed, parallel simulator for multicore and clouds called Graphite. He is a leader of the Angstrom Project, which is creating fundamental technologies for exascale computing. In his spare time, Agarwal hacks on WebSim, which is a web-based electronic circuits laboratory. An CSAIL, Agarwal led the Raw Project, an early tiled multicore processor with 16 cores. In connection with the Raw Project, Agarwal also founded Tilera Corporation.

Andrew Lo is a principal investigator at CSAIL, member of the EECS faculty at MIT, the Charles E. and Susan T. Harris Professor at the MIT Sloan School of Management and director of MIT’s Laboratory for Financial Engineering. He began his academic career at the University of Pennsylvania's Wharton School, where he was an assistant and associate professor from 1984 to 1988.

Lo's research interests include the empirical validation and implementation of financial asset pricing models; the pricing of options and other derivative securities; financial engineering and risk management; trading technology and market microstructure; statistics, econometrics, and stochastic processes; computational algorithms and numerical methods; financial visualization; nonlinear models of stock and bond returns; hedge-fund risk and return dynamics; systemic risk and financial regulation; and, most recently, evolutionary, neurobiological, and computational models of individual risk preferences, financial markets, and intelligence.

New members will be inducted at a ceremony on October 12, 2013, at the Academy’s headquarters in Cambridge, Massachusetts.

For more information on Agarwal’s work, please visit: For more information on Lo’s work, please visit: