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 and the American Academy of Arts and Sciences in 1994. 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."

He received a B.A. from Princeton University and a Ph.D. from Harvard University.