Richard E. Quandt Explained

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]

See also

• Goldfeld–Quandt test

Published works

• The Changing Landscape in Eastern Europe: A Personal Perspective on Philanthropy and Technology Transfer Oxford University Press 2002
• (with Andrew Lass). Library automation in transitional societies: lessons from Eastern Europe. New York: Oxford University Press, 2000. .
• The Collected Essays of Richard E. Quandt (Economists of the Twentieth Century) Edward Elgar Publishing 1992
• Racetrack Betting: The Professor's Guide to Strategies Praeger Paperback 1991
• (with James M. Henderson). Microeconomic Theory: A Mathematical Approach Mcgraw-Hill College 1980

Notes and References

1. Orley Ashenfelter and Richard E. Quandt Analyzing a Wine Tasting Statistically
2. Book: Taber, G. . The Judgment of Paris: California vs France . 27 September 2005 . 219 . Simon & Schuster . 0-7432-4751-5 . registration .
3. http://www.amstat.org/awards/fellowslist.cfm View/Search Fellows of the ASA
4. Web site: APS Member History . 2022-04-08 . search.amphilsoc.org.
5. Web site: Richard Emeric Quandt . 2022-04-08 . American Academy of Arts & Sciences . en.
6. Princeton University Richard E. Quandt bio
7. Web site: Untitled.