← All thinkersA THINKER IN THE COLLECTION

Maurice Allais.

Economist whose lottery choice problems challenged a standard axiom of expected utility theory.

Risk & Uncertainty ↗Decision Making ↗

Discussed

01Interactive

Allais Paradox

Two pairs of lotteries can expose tension in how we value certainty.

Risk & UncertaintyDecision Making

Discussed by Maurice Allais

These relationships distinguish discussion, development, and popularization; they do not imply sole invention. Effect pages include supporting references where verified and label provisional associations.