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Maurice Allais




As an economist he made contributions to Decision Theory , Monetary Policy and other areas, but his name is particularly associated with what is commonly known as the Allais Paradox , a decision problem he first presented in 1953 which contradicts Expected Utility Theory .

As a physicist, he made two controversial contributions in relation to gravitational anomalies:

# The Allais Effect first reported in 1954 was the result of anomalous readings of a Paraconical Pendulum during two separate Eclipse events. Initially this was thought to be a Gravitational Shielding effect inconsistent with general relativity but other conventional interpretations take precedence in mainstream physics.
# More recently Dr. Allais performed a statistical analysis of the thousands of or opens possibilities for expansion of the theory.

Modern precision experiments have continually verified the results brought into question by Miller, discounting his repeated attempts and discounting Allais' analysis. [http://moriond.in2p3.fr/J03/transparencies/5_thursday/1_morning/peters.pdf [http://www.exphy.uni-duesseldorf.de/Publikationen/2001/L%E4mmerzahl-OPTIS-2001.pdf]


NOTABLE QUOTES

  • "In essence, the present creation of money, out of nothing by the banking system, is similar - I do not hesitate to say it in order to make people clearly realize what is at stake here - to the creation of money by counterfeiters, so rightly condemned by law."



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