Professor Breeden has published well-cited research on the consumption capital asset pricing model (CCAPM), as well as on mortgage securities and hedging. His 1979 article on intertemporal portfolio theory and the CCAPM was one of the Top 10 most-cited articles in the Journal of Financial Economics in two decades. His current research is on “Consumption as A Leading Indicator.”

He was the Founding Editor and Editor for 10 years of Journal of Fixed Income, and served as Associate Editor of the Journal of Finance, Review of Financial Studies, Journal of Financial and Quantitative Analysis, Journal of Financial Economics and Journal of Money, Credit and Banking. In 1988, he was elected to the Board of Directors of the American Finance Association and in 2010 was elected a lifetime Fellow.

Professor Breeden was the Dean of Fuqua School of Business at Duke University. He also served on the President’s Council for MIT and on the MIT Corporation’s Visiting Committee for the Sloan School of Management. He was a member of the Stanford Business School Advisory Council. He served on the Board of Goethe Business School in Frankfurt, Germany and was an Honorary Professor at the Chinese Academy of Sciences in Beijing.

Professor Breeden holds a Ph.D. in Finance from Stanford and an S.B. from M.I.T.