Allais, Maurice Félix Charles
Maurice Félix Charles Allais (môrēs´ shärl älĕ´), 1911–2010, French economist, Ph.D. Univ. of Paris, 1949. After working in the French mine administration, he joined the École National Superieure des Mines in Paris (1944–80) and the Centre National de la Recherche Scientific (1946–80), where he developed his economic theories of how large, state-owned monopolies function. He also is known for what has come to be called the Allais paradox, which is that the expected utility theory, which predicts the choices a person will make when uncertainty is involved, failed to predict actual reasonable behavior. His principal works were À la recherche d'une discipline économique [in quest of an economic discipline] (2 vol., 1943) and Économie et intérêt [economy and interest] (1947). He was named an officer of the Legion of Honor in 1977, and in 1988 he received the Nobel Memorial Prize in Economic Sciences for his earlier work on resource allocation and pricing in monopolistic enterprises. Though he retired in 1980, he continued his affiliation with the École and the research center.
"Allais, Maurice Félix Charles." The Columbia Encyclopedia, 6th ed.. . Encyclopedia.com. (June 18, 2018). http://www.encyclopedia.com/reference/encyclopedias-almanacs-transcripts-and-maps/allais-maurice-felix-charles
"Allais, Maurice Félix Charles." The Columbia Encyclopedia, 6th ed.. . Retrieved June 18, 2018 from Encyclopedia.com: http://www.encyclopedia.com/reference/encyclopedias-almanacs-transcripts-and-maps/allais-maurice-felix-charles
Encyclopedia.com gives you the ability to cite reference entries and articles according to common styles from the Modern Language Association (MLA), The Chicago Manual of Style, and the American Psychological Association (APA).
Within the “Cite this article” tool, pick a style to see how all available information looks when formatted according to that style. Then, copy and paste the text into your bibliography or works cited list.
Because each style has its own formatting nuances that evolve over time and not all information is available for every reference entry or article, Encyclopedia.com cannot guarantee each citation it generates. Therefore, it’s best to use Encyclopedia.com citations as a starting point before checking the style against your school or publication’s requirements and the most-recent information available at these sites:
Modern Language Association
The Chicago Manual of Style
American Psychological Association
- Most online reference entries and articles do not have page numbers. Therefore, that information is unavailable for most Encyclopedia.com content. However, the date of retrieval is often important. Refer to each style’s convention regarding the best way to format page numbers and retrieval dates.
- In addition to the MLA, Chicago, and APA styles, your school, university, publication, or institution may have its own requirements for citations. Therefore, be sure to refer to those guidelines when editing your bibliography or works cited list.