In this paper, we formulate a restatement of the theory of choice under uncertainty. As an alternative to the rank-dependent expected utility model, we develop a probability-altering theory in which the transformation of probabilities is weighted by the centered outcome of the lottery which may...

Nous cherchons a apporter une solution satisfaisante a l'enigme de la prime de risque decouverte en 1985 par Mehra et prescott.