Richard E. Quandt

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.

Quandt served as a professor of economics at Princeton University. In 1979 he was elected as a Fellow of the American Statistical Association. He was elected to the American Philosophical Society in 1991 as well as the American Academy of Arts and Sciences in 1994. He is current senior adviser to the Andrew W. Mellon Foundation.

Quandt is a module of the American link 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 submission in France with several wines shown in New Jersey held at Princeton University and so-called as the "Judgment of Princeton."

He graduated from Princeton Universityundergraduate and Harvard Universitygraduate.