Maurice Allais Biography - Nobel Prize Winner (1988)





Maurice Allais (born May 31, 1911 in Paris, France) is a well-known economist and physicist, and was the 1988 winner of the Nobel Memorial Prize in Economics "for his pioneering contributions to the theory of markets and efficient utilization of resources". His academic and non-academic posts have included being Professor of Economics at the École nationale supérieure des mines de Paris (since 1944) and Director of its Economic Analysis Centre (since 1946).

As an economist he made contributions to decision theory, monetary policy and other areas, but his name is particularly associated with what is commonly known as the Allais paradox, a decision problem he first presented in 1953 which contradicts expected utility theory.

As a physicist, he made two controversial contributions in relation to gravitational anomalies:

The Allais effect first reported in 1954 was the result of anomalous readings of a paraconical pendulum during two separate eclipse events. Initially this was thought to be a gravitational shielding effect inconsistent with general relativity but other conventional interpretations take precedence in mainstream physics.

More recently Dr. Allais performed a statistical analysis of the thousands of interferometer measurements of Dayton Miller and found a corresponding periodicity with the sidereal day, the equinoxes and other celestial events thus invalidating the Robert S. Shankland refutation of Miller's work.



LIST OF NOBEL PRIZE WINNERS IN ECONOMY
Akerlof, George A.
Allais, Maurice
Arrow, Kenneth J.
Aumann, Robert J.
Becker, Gary S.
Buchanan, James M., Jr.
Coase, Ronald H.
Debreu, Gerard
Engle, Robert F.
Fogel, Robert W.
Friedman, Milton
Frisch, Ragnar
Granger, Clive W. J.
Haavelmo, Trygve
Harsanyi, John C.
Heckman, James J.
Hayek, Friedrich August Von
Hicks, Sir John R.
Kahneman, Daniel
Kantorovich, Leonid Vitaliyevich
Klein, Lawrence R.
Koopmans, Tjalling C.
Kuznets, Simon
Kydland, Finn E.
Leontief, Wassily
Lewis, Sir Arthur
Lucas, Robert
Markowitz, Harry M.
McFadden, Daniel L.
Meade, James E.
Merton, Robert C.
Miller, Merton M.
Mirrlees, James A.
Modigliani, Franco
Mundell, Robert A.
Myrdal, Gunnar
Nash, John F.
North, Douglass C.
Ohlin, Bertil
Prescott, Edward C.
Samuelson, Paul A.
Schelling, Thomas C.
Scholes, Myron S.
Schultz, Theodore W.
Selten, Reinhard
Sen, Amartya
Sharpe, William F.
Simon, Herbert A.
Smith, Vernon L.
Solow, Robert M.
Spence, A. Michael
Stigler, George J.
Stiglitz, Joseph E.
Stone, Sir Richard
Tinbergen, Jan
Tobin, James
Vickrey, William
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