Dwight Jaffee, an internationally recognized professor of real estate and finance at the Berkeley-Haas School of Business at UC Berkeley, has died at the age of 72.
Since joining the Berkeley faculty in 1991, Jaffee, the Willis Booth Professor of Banking, Finance and Real Estate and a member of the Haas School’s Finance Group, also served as co-chair of the Haas Fisher Center for Real Estate and Urban Economics.
Nancy Wallace, co-chair of the center with Jaffee, called him “a world-class scholar who made profound contributions to our understanding of contracting under asymmetric information and issues related to the operation of the mortgage and insurance markets that are among the largest capital markets in the world.”
Jaffee received numerous awards throughout his career, including being named one of the “World’s Best B-School Professors” by the Poets & Quants website in 2012.
For more information, read Jaffee’s obituary on the Berkeley-Haas website. Berkeley-Haas will post information about a celebration of his life when it becomes available.