:Douglas Breeden

{{Short description|Duke University faculty}}

Douglas T. Breeden is the William W. Priest Professor of Finance and former Dean of the Fuqua School of Business, Duke University.

[https://www.fuqua.duke.edu/faculty/douglas-breeden Douglas Breeden], fuqua.duke.edu

[http://www.dougbreeden.net/ dougbreeden.net]

He is best known for establishing the use of state prices in financial economics,

{{cite journal |title=Prices of State-Contingent Claims Implicit in Option Prices |first1=Douglas T. |last1=Breeden |first2=Robert H. |last2=Litzenberger |author2-link=Robert Litzenberger |journal=Journal of Business |volume=51 |issue=4 |year=1978 |pages=621–651 |jstor=2352653 |doi=10.1086/296025}}

and for his work on the Consumption CAPM.

{{cite journal |title=An intertemporal asset pricing model with stochastic consumption and investment opportunities

|first=Douglas T. |last=Breeden |journal=Journal of Financial Economics |volume=7 |issue=3 |year=1979 |pages=265–296}}

He was the International Association for Quantitative Finance “Financial Engineer of the Year 2013”, and was Founding Editor of the Journal of Fixed Income.

He holds a Ph.D. in Finance from Stanford and an S.B. in Management Science from M.I.T.

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