KnowraAllais paradoxLinked fromLinked fromThe 9 pages that link to Allais paradox, each with the reason it gives.All 9Broader topic 3Related 3Compared with 3Behavioral economicsRelated: It became an early challenge to the standard model of risky choice.Prospect theoryRelated: It helped demonstrate that observed preferences could conflict with expected utility's axioms.Loss aversionRelated: It exemplified choice patterns that motivated alternatives to standard expected-utility explanations.