An Operational Measure of Riskiness
提出一种客观的风险性度量方法，仅依赖于赌博（风险资产）本身而非决策者，通过识别临界财富水平来判断接受赌博是否变得有风险。
We propose a measure of riskiness of “gambles” (risky assets) that is objective: it depends only on the gamble and not on the decision maker. The measure is based on identifying for every gamble the critical wealth level below which it becomes “risky” to accept the gamble.