Douglas T. Breeden is the William W. Priest Professor of Finance and former Dean of the Fuqua School of Business Duke University. He was the Fischer Black Visiting Professor of Financial Economics at MIT Sloan School of Management in 2011-2013. He also served on faculties at the University of Chicago Booth School of Business, Stanford University and University North Carolina, where he was the Dalton McMichael Professor of Finance.
His research is on insurance prices implicit in option prices, the Consumption CAPM, and hedging mortgage securities. His current research is "A Stocks, Bonds, Consumers Leading Indicator" (with Robert Litzenberger) and "Central Bank Policy Impacts on the Distribution of Future Interest Rates," which won a Roger Murray Prize from the Q-Group.
Breeden was elected to the Board of Directors of the American Finance Association and in 2010 a lifetime Fellow. The International Association for Quantitative Finance named Breeden "Financial Engineer of the Year 2013" for being an "industry pioneer." He was also Founding Editor and Editor for 10 years of the Journal of Fixed Income.
Breeden holds a Ph.D. in Finance from Stanford and an S.B. from M.I.T. He served on the MIT President's Council, the Sloan School Visiting Committee and the Stanford Business School Advisory Council. He was named an Honorary Professor of the Chinese Academy of Sciences and served on the Boards of Goethe Business School in Germany and the Financial Management Association. He is on the Board of Trustees of Commonfund. Breeden is a Senior Research Consultant for Amundi Smith Breeden, a money management firm that he cofounded.