Douglas Diamond, Nobel Prize in Economics, 2022

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.

• In 2016, he was awarded the CME Group-MSRI Prize in Innovative Quantitative Applications.
• in 2022, he was awarded the Nobel Memorial Prize in Economic Sciences, together with Ben Bernanke and Philip H. Dybvig.