Who are you looking for?

Install Famoose

Keep Famoose on your home screen or desktop for easy access.

Open this site in Chrome or Edge and look for Install app in the browser menu or address bar. If no install option appears, you can bookmark Famoose instead.

Famoose.co
Appearance
Text size
Page width
Colour
Discover›Business
Contents
Maurice Allais
Economist

Maurice Allais

Famoose for

Winning the 1988 economics prize for work on markets and resource allocation.

Traité d’économie pure · Économie et Intérêt

Born
31 May 1911
Birthplace
14th arrondissement of Paris
Died
9 October 2010

More people

Mark ZuckerbergCo-founding Facebook.John Maynard KeynesExplaining how weak spending can keep an economy in a slump.Steve JobsCo-founding Apple and leading the launch of the iPhone.

Maurice Allais

Maurice Allais was a French economist and engineer whose work included general equilibrium and decision-making under uncertainty.

Early life

Education

Studied at the École Polytechnique and the École des Mines in Paris; a 1933 visit to the United States helped turn his attention to economics.

Career

  1. 1943

    Economic treatise

    Published his first major theoretical work.

  2. 1944

    Teaching

    Became a professor at the École des Mines.

  3. 1953

    Decision theory

    Presented the problem known as the Allais paradox.

  4. 1988

    Economics prize

    Received the Nobel memorial award.

Selected work

Traité d’économie pure

Examined markets and economic efficiency.

Économie et Intérêt

Studied capital, interest and economic dynamics.

Beyond work

Other interests

Also conducted experiments in physics, including work with pendulums.

Sources & photo creditBiography and career ↗Biographical references ↗

Original photograph. Cropped and displayed in monochrome.

Photo: ALLAIS_PN_Maurice-24x30-2001.jpg: Studio Harcourt derivative work: Materialscientist (talk). CC BY 3.0 · Original image. Cropped and displayed in monochrome.