Allais paradox
Allais paradox proper noun: a choice problem designed to show an inconsistency of actual observed choices with the predictions of expected utility theory.
Proper noun
the Allais paradox
- A choice problem designed to show an inconsistency of actual observed choices with the predictions of expected utility theory.
Origin of Allais paradox
Designed by Maurice Allais (1953).
Questions about Allais paradox
- What does Allais paradox mean?
- Allais paradox means a choice problem designed to show an inconsistency of actual observed choices with the predictions of expected utility theory.
- What part of speech is Allais paradox?
- Allais paradox is a proper noun.
Words near Allais paradox in the dictionary
Source and license
Adapted from Wiktionary: Allais paradox (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.
Last updated:
Cite this entry: “Allais paradox.” Word.ws, https://word.ws/allais_paradox. Based on Wiktionary, CC BY-SA 4.0.
