Last Updated
：2025/12/07
Allais paradox
（ canonical ）
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A choice problem designed to show an inconsistency of actual observed choices with the predictions of expected utility theory.
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Allais paradox
When introducing decision theory, professors often present the Allais paradox to illustrate how real choices can violate expected utility predictions.
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When introducing decision theory, professors often present the Allais paradox to illustrate how real choices can violate expected utility predictions.
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