Background
DURAND, David was born in 1912 in Ithaca, New York, United States of America.
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book
Mortgage Lending Experience in Agriculture
http://www.amazon.com/gp/product/B0000CJ0V7/?tag=2022091-20
Stable chaos;: An introduction to statistical control
http://www.amazon.com/gp/product/B0006CC9YM/?tag=2022091-20
David DURAND
Edit ProfileEducation
Bachelor of Arts (Mathematics) Cornell University, 1934. Master of Arts, Doctor of Philosophy Columbia University, 1938, 1941.
Career
Research Assistant, National Bureau of Economie Research, New York, New York, United States of America, 1938-1940. United States Navy, 1942-1945. Research Staff, National Bureau of Economie Research, New York, New York, United States of America, 1946-1954.
Research Association, Massachusetts Institute of Technology, Cambridge, Massachusetts, United States of America,
1954-1955.
Association Professor, Massachusetts Institute of Technology, Cambridge, Massachusetts, United States of America, 1955-1958. Professor Management, Massachusetts Institute of Technology, Cambridge, Massachusetts, United States of America, 1958-1973.
Visiting Professor, Technical University Berlin, West. Germany, 1968, 1971-1972. Professor Emeritus, Sloan School Management, Massachusetts Institute of Technology, Cambridge, Massachusetts, United States of America, United States of America,
1973—.
Association Editor, Journal of Finance,
1964-1966, Finance, Financial Management, since 1979.
Achievements
Works
book
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Contributions fall under one or both of two main headings: statistics (not always related to economics) and finance. Under finance the main headings are: credit risk, capital budgeting and the cost of capital, term structure of interest rates,
and time as a dimension of investment. Early work on term structure (books 2 and 3) was fundamental.
Early work on cost of capital (articles 2 and 6) was involved in a famous controversy with Modigliani and Miller and was widely reprinted. Later work is concerned mainly with incorporating the theme of time as a dimension of investment with that of capital budgeting.
