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Maurice Allais (1911-2010) was a French economist, physicist, and engineer. Born in Paris, he held citizenship in France and passed away in Saint-Cloud. Throughout his career, he worked in various academic disciplines, including economics, macroeconomics, and behavioral economics.
Allais received education from multiple institutions, such as Lycée Henri-IV, University of Paris, Polytechnic School, Mines ParisTech, University of Toronto Mississauga, and Lycée Lakanal. Notably, he mentored doctoral students Gérard Debreu and Edmond Malinvaud.
Among his many scientific accomplishments, Allais is best known for his work on the overlapping generations model, the golden rule of optimal growth, the transaction demand for money rule, and the Allais paradox. He was awarded the 1988 Nobel Memorial Prize in Economic Sciences for his pioneering contributions to the theory of markets and efficient utilization of resources.
