Maurice Allais

Maurice Allais

Maurice Félix Charles Allais (31 May 1911 – 9 October 2010) was a French physicist and economist, the 1988 winner of the Nobel Memorial Prize in Economic Sciences "for his pioneering contributions to the theory of markets and efficient utilization of resources", along with John Hicks (Value and Capital, 1939) and Paul Samuelson (The Foundations of Economic Analysis, 1947), to neoclassical synthesis. They formalize the self-regulation of markets, which Keynes refuted but reiterated some of Allais's ideas. Born in Paris, France, Allais attended the Lycée Lakanal, graduated from the École Polytechnique in Paris and studied at the École nationale supérieure des mines de Paris. Read more on Wikipedia

Since 2007, the English Wikipedia page of Maurice Allais has received more than 176,214 page views. His biography is available in 58 different languages on Wikipedia (up from 55 in 2019). Maurice Allais is the 53rd most popular economist (down from 49th in 2019), the 743rd most popular biography from France (up from 745th in 2019) and the 9th most popular French Economist.

Maurice Allais was a French economist, and he is most famous for his contributions to the field of economics. He is known for his paradox, which states that people will always prefer a certain amount of wealth now over the same amount of wealth in the future.