Douglas T. Breeden is the William W. Priest Professor of Finance and former Dean of the

Fuqua School of Business The Fuqua School of Business (pronounced ) is the business school of Duke University in Durham, North Carolina. It enrolls more than 1,300 students in degree-seeking programs. Duke Executive Education also offers non-degree business education and ...

Duke University Duke University is a private research university in Durham, North Carolina. Founded by Methodists and Quakers in the present-day city of Trinity in 1838, the school moved to Durham in 1892. In 1924, tobacco and electric power industrialist James ...

. He is best known for establishing the use of state prices in

financial economics Financial economics, also known as finance, is the branch of economics characterized by a "concentration on monetary activities", in which "money of one type or another is likely to appear on ''both sides'' of a trade".William F. Sharpe"Financial ...

, and for his work on the Consumption CAPM. He was the

International Association for Quantitative Finance The International Association for Quantitative Finance (IAQF), formerly the International Association of Financial Engineers (IAFE), is a non-profit professional society dedicated to fostering the fields of quantitative finance and financial engin ...

“Financial Engineer of the Year 2013”, and was Founding Editor of the ''

Journal of Fixed Income ''The Journal of Fixed Income'' is a quarterly academic journal that covers quantitative research on fixed income instruments: mortgage-backed security, mortgage-backed securities, high-yield debt, municipal bonds, corporate bonds, asset-backed sec ...

''. He holds a Ph.D. in Finance from

Stanford Stanford University, officially Leland Stanford Junior University, is a private research university in Stanford, California. The campus occupies , among the largest in the United States, and enrolls over 17,000 students. Stanford is considere ...

and an S.B. in

Management Science Management science (or managerial science) is a wide and interdisciplinary study of solving complex problems and making strategic decisions as it pertains to institutions, corporations, governments and other types of organizational entities. It is ...

from

M.I.T. The Massachusetts Institute of Technology (MIT) is a private land-grant research university in Cambridge, Massachusetts. Established in 1861, MIT has played a key role in the development of modern technology and science, and is one of the m ...

References

{{DEFAULTSORT:Breeden, Douglas Duke_University_faculty Massachusetts Institute of Technology alumni Stanford University alumni Financial economists Year of birth missing (living people) Living people