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Assar Lindbeck, the chairman of the Nobel selection committee, referred to Allais as "a giant within the world of what?"
Physics
Economic Analysis
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Answer
**Economic analysis is the study of economic behavior, typically based on the neoclassical approach of rational actors maximizing their own utility.** Assar Lindbeck's description of Maurice Allais as a giant within economic analysis highlights Allais' significant contributions to this field. Allais' work covers diverse topics such as general equilibrium theory, economic efficiency, and decision-making under uncertainty, demonstrating his deep understanding and mastery of economic analysis.
The Master of Modern Economics: The Maurice Allais Quiz
More Questions
In what city did Allais die?
How old was Allais when he died?
Alongside economics and physics, what field did Allais also make significant contributions to?
After a trip to which country during the Great Depression did Allais decide to study economics?
In which educational institution did Allais hold a teaching position?
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