Essai Sur La Finance
Essai sur la finance: A Critical Look
Essai sur la finance (Essays on Finance), published in 1958 by Maurice Allais, stands as a foundational, and often critical, contribution to financial economics. Allais, a Nobel laureate in Economics, presented a nuanced perspective that challenged conventional wisdom and laid the groundwork for behavioral finance. The book delves into a range of topics, including uncertainty, risk aversion, speculation, and the nature of financial markets.