Stoichiometric balance is controlled by the injection event, not intake air volume. The balance is slightly lean in most current diesel engines for emissions reasons to keep the cylinder temps and pressures down.
Slow down there. Diesels are way, way ,way lean of stoichiometric. At idle you are at over 100:1 air fuel ratio.
http://www.cummins.com/au/pages/en/products/dodgeram/faq/index.cfm
Stoichiomety only applies to gassers, where fuel is premixed. Therefore, an engine needs the throttle to create a vaccuum to limit the amount of air/fuel and thus keep rpm and power in check. Leaning out a gasser too much, may mean that there will be regions below the flammable mixture limit. If that happens at the sparkplug, you got total misfire, if it happens elsewhere, you got partial misfire. A gasser, if leaned, will first burn more efficiently, which will cause higher EGT and even possibly damaged exhaust valves and pistons. It will pollute more NOx but way less CO and HC (just like a diesel). Honda had the CVCC engine, which imitated a diesel with its localized rich combustion zone around the sparkplug, with a second smaller intake valve. Direct injection gasoline engines are making a comback, with mazda, audi, ford, etc.
With a diesel, the mouth is wide open, and it contains only air. At the time of the injection, the air is heated by the compression, there is no spark plug. So as soon as the fuel droplets hit the hot air, they ignite. That way, the mixture is very rich in the injection zone, and zero away from it. Fuel can burn much more completely, since there is an abundance of oxygen. Hence the superior fuel efficiency of diesels at low power levels (in addition to the lack of pumping losses across the throttle plate, and the higher compression ratio, and higher BTU of fuel).
The mixture in a diesel will never be uniform, and if you try to even approach stoichiometry, it will not have time to mix completely like a gasser, and you get smoke. Go on Cummins site and check out their pictures of the injector pattern flame, showing, rich, and lean regions, and pollutant formation around the spray pattern.
With the diesel, there is always excess air, and excess air cools the combustion, and keeps things from melting. With a gasser, excess gasoline at WOT cools the engine and keeps things from melting. Very expensive way to cool an engine.