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Sur trois contributions d’Allais

Author

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  • Bronsard, Camille

    (Département d’économique, Université de Montréal)

  • Salvas-Bronsard, Lise

    (Département d’économique, Université de Montréal)

Abstract

This paper contains a discussion on three contributions done by Maurice Allais which are largely unknow. We present his conception on microeconomic dynamics (it is still revolutionary), his characterization of substitution and complementarity (it is still original) and finally, the links between his extension of welfare economics to risk and uncertainty and the Arrow's extension (both theories are complementary). Dans ce texte, nous avons choisi de souligner trois contributions de Maurice Allais qui ont le mérite de ne pas le confiner dans un rôle de précurseur. Nous examinons successivement la dynamique microéconomique d’Allais (elle est toujours révolutionnaire), sa caractérisation de la substitution et de la complémentarité (elle est toujours originale) et enfin les liens qu’il y a entre sa généralisation de la théorie du rendement social au cas du risque et la généralisation d’Arrow-Debreu (ces deux théories sont parfaitement complémentaires).

Suggested Citation

  • Bronsard, Camille & Salvas-Bronsard, Lise, 1988. "Sur trois contributions d’Allais," L'Actualité Economique, Société Canadienne de Science Economique, vol. 64(4), pages 481-492, décembre.
    • Handle: RePEc:ris:actuec:v:64:y:1988:i:4:p:481-492
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    6. Samuelson, Paul A, 1974. "Complementarity-An Essay on the 40th Anniversary of the Hicks-Allen Revolution in Demand Theory," Journal of Economic Literature, American Economic Association, vol. 12(4), pages 1255-1289, December.
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