Apart from the syntax, the main difference is in the scoping:
# scoping with alias_method
class User
def full_name
puts "Johnnie Walker"
end
def self.add_rename
alias_method :name, :full_name
end
end
class Developer < User
def full_name
puts "Geeky geek"
end
add_rename
end
Developer.new.name #=> 'Geeky geek'
In the above case method “name” picks the method “full_name” defined in “Developer” class. Now lets try with alias.
class User
def full_name
puts "Johnnie Walker"
end
def self.add_rename
alias name full_name
end
end
class Developer < User
def full_name
puts "Geeky geek"
end
add_rename
end
Developer.new.name #=> 'Johnnie Walker'
With the usage of alias the method “name” is not able to pick the method “full_name” defined in Developer.
This is because alias is a keyword and it is lexically scoped. It means it treats self as the value of self at the time the source code was read . In contrast alias_method treats self as the value determined at the run time.
Source: http://blog.bigbinary.com/2012/01/08/alias-vs-alias-method.html