Luohan Academy


EducationStanford University, Ph. D. (Engineering Economic Systems) (1984).

Academic AppointmentsAdams Distinguished Professor of Management and Professor of Finance, Stanford Graduate School of Business; Professor (by courtesy), Department of Economics, Stanford University.

Prior AppointmentsMathematical Sciences Research Institute, University of California, Berkeley, 1985 - 1986; Universit´e de Paris, Dauphine, 1998; University of Lausanne, 2007 - 2008; EPFL, 2015 - 2016; President, American Finance Association, 2009 - 2010.

Recognition & AwardsFellow, Econometric Society; Smith-Breeden Distinguished Paper Prize, Journal of Finance, 1997; Graham and Dodd Award, Financial Analysts Journal, 2001; NYSE Prize for equity research, Western Finance Association, 2002; Fellow, American Academy of Arts and Sciences; Ross Prize, FARFE (with Jun Pan and Ken Singleton), 2015; AQR Prize (with Haoxiang Zhu), 2016; Amundi Smith Breeden Prize, best paper, Journal of Finance, 2018.

Research Field

Darrell Duffie's research interests include over-the-counter markets, banking, financial stability, credit risk, valuation and hedging of derivative securities, financial market infrastructure, the term structure of interest rates, financial innovation, security design, and market design.