Richard Emeric Quandt (born 1 June 1930, in Budapest) is a Guggenheim Fellowship-winning economist who analyzed the results of the Judgment of Paris wine tasting event with Orley Ashenfelter.[1]
Quandt served as a professor of economics at Princeton University.[2] In 1979 he was elected as a Fellow of the American Statistical Association.[3] He was elected to the American Philosophical Society in 1991 and the American Academy of Arts and Sciences in 1994.[4][5] He is current senior adviser to the Andrew W. Mellon Foundation.[6]
Quandt is a member of the American Association of Wine Economists and editor of their journal, the Journal of Wine Economics. In 2012, he was involved in organizing a blind tasting event comparing wines produced in France with several wines produced in New Jersey held at Princeton University and known as the "Judgment of Princeton."
He received a B.A. from Princeton University and a Ph.D. from Harvard University.[7]