Meanings
- A choice problem designed to show an inconsistency of actual observed choices with the predictions of expected utility theory.
Origin
Designed by Maurice Allais (1953).
Full word history & related roots →Cite this entry
Allais paradox. (n.d.). In WatkinsX Dictionary. Retrieved November 4, 2026, from https://dictionary.watkinsx.com/word/Allais%20paradox
“Allais paradox.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/Allais%20paradox. Accessed November 4, 2026.
WatkinsX Dictionary, s.v. “Allais paradox,” accessed November 4, 2026, https://dictionary.watkinsx.com/word/Allais%20paradox.
Source: Allais paradox on Wiktionary, CC BY-SA 4.0.