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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 serves as a professor of economics at Princeton University. In 1979 he was elected as a Fellow of the American Statistical Association. He is current senior adviser to the Andrew W. Mellon Foundation.

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."


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