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.
[4][5] He is current senior adviser to the Andrew W. Mellon Foundation.
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."