Douglas Diamond

Douglas Warren Diamond (born 1953) is the Merton H. Miller Distinguished Service Professor of Finance at the University of Chicago Booth School of Business. He specializes in the study of financial intermediaries, financial crises, and liquidity. He is a former president of the American Finance Association.and the Western Finance Association, a fellow of the Econometric Society, the American Academy of Arts and Sciences, and the American Finance Association.

Diamond is best known for his work on financial crises and bank runs, particularly the influential Diamond–Dybvig model published in 1983 and the Diamond model of delegated monitoring published in 1984. He was listed by Thomson Reuters as one of the "researchers likely to be in contention for Nobel honours based on the citation impact of their published research". In 2016, he was awarded the CME Group-MSRI Prize in Innovative Quantitative Applications.

In 1975, Diamond graduated from Brown University with a bachelor's degree in economics. The following year, and in 1977 Diamond earned Master's degrees, and ultimately a PhD in economics in 1980 from Yale University.

Douglas W. Diamond has been a visiting professor at the Hong Kong University of Science and Technology, MIT Sloan School of Management, and the University of Bonn. In addition to these experiences, Diamond has also spend time teaching at Yale University. Currently, Diamond is the Merton H. Miller Distinguished Service Professor of Finance at the University of Chicago's Booth School of Business, he has been a member of the faculty at the University of Chicago since 1979.