Maurice Allais

Economist

1911-05-31

Books by Maurice Allais

Cardinalism
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Expected utility hypotheses and the Allais Paradox
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Markets, risk and money
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Quotes by Maurice Allais

All science is based on models, and every scientific model comprises three distinct stages: statement of well-defined hypotheses; deduction of all the consequences of these hypotheses, and nothing but these consequences; confrontation of these consequences with observed data.
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Wall Street has become a veritable casino.
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