Maurice Allais
Economist and physicist, Nobel Laureate
Born
May 31st, 1911
114 years ago
Died
2010
15 years ago — 99 years old
Category
Thinkers & Philosophers
Country
France
Links & References
Born in France in 1911, an economist and physicist made significant contributions to economic theory and experimentation. Developed the Allais Paradox, a key concept in decision theory, which highlighted inconsistencies in expected utility theory. Awarded the Nobel Memorial Prize in Economic Sciences in 1988 for contributions to the field of economics. Also engaged in various theoretical works that bridged economic concepts and physical sciences.
Received the Nobel Memorial Prize in Economic Sciences in 1988
Developed the Allais Paradox in decision theory
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