Maurice Félix Charles Allais

Education

• Born in Paris, France, Allais attended the Lycée Lakanal, graduated from the École Polytechnique in Paris and studied at the École nationale supérieure des mines de Paris.

Career

• 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). In 1949 he received a Doctor-Engineer title from the University of Paris, Faculty of Science. He also held teaching positions at various institutions, including at the University of Paris X-Nanterre, and the Graduate Institute of International and Development Studies in Geneva.
  
  As an economist he made contributions to decision theory, monetary policy and other areas. He was reluctant to write in or translate his work into English, and many of his major contributions became known to the dominant anglophone community only when they were independently rediscovered or popularized by English-speaking economists. For example, in one of his major works, Économie et Intérêt (1947), he introduced the first overlapping generations model (later popularized by Paul Samuelson in 1958), introduced the golden rule of optimal growth (later popularized by Edmund Phelps) or described the transaction demand for money rule (later found in William Baumol's work).[2] He was also responsible for early work in Behavioral economics, which in the US is generally attributed to Daniel Kahneman and Amos Tversky.

Personality

Connections

• Mother: Louise
• Father: Maurice
• ifluenced: Gerard Debreu
  Debreu has read a fundamental work of Morris Allais: la recherche, d'une discipline economique. After the reading Gerard understood economics as a science.
• Influenced: R. Deem
  Deem visited lots of Allai's economic seminars and lectures.
• Economist: Jacques Drèze