He is the Boatmen's Bancshares Professor of Banking and Finance at the Olin Business School of Washington University in St.

[1][2] Dybvig attended Indiana University and received in 1976 a BA in mathematics and physics.

[4] Dybvig specializes in asset pricing, banking, investments, and corporate governance.

[6] Dybvig was awarded the 2022 Nobel Memorial Prize in Economic Sciences, jointly with Diamond and Ben Bernanke, "for research on banks and financial crises".

Bloomberg News reported that he was said to have called one of the students "tián mèizi" (甜妹子), meaning "sweet young girl" and gave her gifts of chocolate.