Background
Quandt, Richard Emeric was born on June 1, 1930 in Budapest, Hungary. Arrived in United States, 1949, naturalized, 1954. Son of Richard F. and Elisabeth Quandt.
(This book shows how philanthropy can be a primary force i...)
This book shows how philanthropy can be a primary force in the transfer of technology in transitional societies. It demonstrates the necessity of retraining of people and how this endeavor is as important as the technology itself. It is essentially about Hungary, Poland, Czech Republic, Slovakia, Latvia, Estonia, with somewhat smaller emphases on Russia, Romania and South Africa. It chronicles, explains, and analyzes western assistance efforts in Eastern Europe between 1989 and 2000 in the context of the political and economic events of the period, with particular emphasis on the activities of The Andrew W. Mellon Foundation. Factors that made transfers more or less successful and the role of social institutions and human factors will be highlighted. Significant illustrations include the creation of a small enterprise sectors, MBA programs, economic programs, and new markets and financial institutions. The material provides the reader with a clear understanding of how institutions for economic education emerged in Central and Eastern Europe, what role of US foundations and academic institutions played, and what the interplay with local personalities involved.
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Quandt, Richard Emeric was born on June 1, 1930 in Budapest, Hungary. Arrived in United States, 1949, naturalized, 1954. Son of Richard F. and Elisabeth Quandt.
Bachelor, Princeton University, New Jersey, 1952. Master of Arts, Harvard University, 1955. Doctor of Philosophy, Harvard University, 1957.
Doctor Economics (honorary), Budapest University of Economics Sciences, 1991. Doctor Economics (honorary), Kossuth Lajos University, Hungary, 1994. Doctor Economics (honorary), Gödöllö Agricultural University, 1995.
Doctor Economics (honorary), Comenius University, Slovakia, 1996. DrLaws (honorary), Queens University of Canberra, 1996.
Member faculty Princeton University, 1956-1995, professor economics, 1964-1995, professor emeritus, senior research economist, since 1995, Hughes-Rogers professor economics, 1976-1995, chairman department, 1968-1971, 85-88. Director Finance Research Center, 1982-1995. Research professor Ford Foundation, 1967-1968.
Consultant Anderson Associates, 1959—1961, International Air Transport Association, 1974—1975, New York Stock Exchange, 1976—1977, New York State Department Education, 1978. Senior consultant Mathematica, Inc., 1961—1967. Editorial adviser Holt, Rinehart & Winston, 1968—1972.
Adviser Am-Hungarian Foundation, 1977—1978. Visiting professor Birkbeck College, 1981, University Leicester, 1989—1992. Member Census Advisory Committee, 1983—1986.
Finance adviser Institute Research History, 1986. Senior advisor Andrew W. Mellon Foundation, 1989—2008. Member advisory council Budapest University Economic Sciences, 1992—1993.
Member advisory committee College Financial and Accounting, Budapest, 1993—1994. Board directors Center Economic Research and Graduate Education-Economics Institute, Prague, 2002—2005.
(This book shows how philanthropy can be a primary force i...)
(The systematic study of disequilibrium phenomena is still...)
Author (with J. M. Henderson): Microeconomic Theory: A Mathematical Approach, 1958, 3d edition, 1980. Author: (with W. L. Thorp) The New Inflation, 1959. Author: (with B. G. Malkiel) Strategies and Rational Decisions in the Securities Option Market, 1969.
Editor: The Demand for Travel: Theory and Measurement, 1970. Author: The Econometrics of Disequilibrium, 1988, The Changing Landscape in Eastern Europe: A Personal Perspective on Philanthropy and Technology Transfer, 2002. Author: (with P. Asch) Ractrack Betting: The Professor's Guide to Strategies, 1986.
Author: (with Hari Singh Gour Rosen) The Conflict Between Equilibrium and Disequilibrium Theories, 1988. Editor (with S.H. Goldfeld): Studies in Nonlinear Estimation, 1976. Editor: (with S. M. Goldfeld) Nonlinear Methods in Econometrics, 1972.
Editor: (with M. Peston) Prices, Competition and Equilibrium, 1986. Editor: (with R. Ekman) Technology and Scholarly Communication, 1999. Editor: (with A. Lass) Library Automation in Transitional Societies, 2000, Union Catalogs at the Crossroads, 2004.
Associate editor: Econometrica, 1976-1980, Journal American Statistical Association, 1974-1980, Bell Journal Economics, Journal Comparative Economics, 1988-1991, Empirica, 1988-1993. Member editorial board Applied Economics, Economic Planning, Review Economic and Statistics, 1980-1991. Executive editor: Oxford University Press, since 2001.
Translator: If Dogs Could Talk (V. Csányi), 2005. Contributor articles to professional journals.
In the first
few years of professional life I was most interested in micro-theory. This was the period in which the first edition of Microeconomic Theory: A Mathematical Approach was published. I soon started, however, to devote most of my energies to econometrics.
Sundry problems of estimation and testing occupied me until I encountered substantive transportation oriented problems of estimation (e.g. modal split estimation) which occupied me for some years. Around the same time I developed a strong interest in financial economics, particularly in the use of options as financial strategies. In the last few years I have concentrated most of my efforts on the econometrics of disequilibrium models, with reference to both free market and planned economies.
Trustee Corvina Foundation, 1992—2008. Fellow: American Academy Arts and Sciences, Econometric Society (member council 1985-1988), American Statistical Association. Member: American Philosophical Society, American Economic Association, Hungarian Libraries Association (honorary).
Married Jean H. Briggs, August 6, 1955. 1 child Stephen.