The DOI matches its Crossref record; 7 of the 7 references it cites were found in a registry or an index.
Who accepts Savage's axiom?
Abstract
Many decision theorists believe that the axioms of rational choice are similar to the principles of logic in the sense that no reasonable person who understands them would wish to violate them. The present study questions this view by investigating the acceptability of a key axiom underlying expected utility theory—Savage's independence principle. Persistent violations of this axiom were observed, even after it was presented to subjects in a clear and, presumably compelling fashion. The problem of distinguishing between rejection of a decision principle and failure to understand it is discussed.
Overview
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Integrity signals
Registry
Cites
Statistics
Verification
Claims the paper makes
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Self-check
Percentages, sums and reported differences re-computed from the paper’s own numbers.
The self-check needs the paper’s full text.
Citations
Cites
“Risk, Ambiguity, and the Savage Axioms.”
Ellsberg, D. (1961) · The Quarterly Journal of Economics · doi:10.2307/1884324 · Cited by 7,891
(2001) · Empirical Direction in Design and Analysis · doi:10.4324/9781410600004-24 · Cited by 6,808
The Foundations of Statistics.
Good, I. J., & Savage, L. J. (1955) · Journal of the Royal Statistical Society. Series A (General) · doi:10.2307/2343133 · Cited by 4,582
Allais, M. (1953) · Econometrica · doi:10.2307/1907921 · Cited by 4,112
Intransitivity of preferences.
Tversky, A. (1969) · Psychological Review · doi:10.1037/h0026750 · Cited by 2,188
Self-citationRisk, Ambiguity, and the Savage Axioms: Comment
Raiffa, H. (1961) · The Quarterly Journal of Economics · doi:10.2307/1884326 · Cited by 252
Descriptive and Normative Implications of the Decision-Theory Postulates
MacCrimmon, K. R. (1968) · Palgrave Macmillan UK eBooks · doi:10.1007/978-1-349-15248-3_1 · Cited by 247
Cited by
Prospect theory: An analysis of decision under risk
Kahneman, D., & Tversky, A. (1988) · Decision, Probability and Utility · doi:10.1017/cbo9780511609220.014 · Cited by 32,474
Self-citationThe Framing of Decisions and the Psychology of Choice
Tversky, A., & Kahneman, D. (1981) · Science · doi:10.1126/science.7455683 · Cited by 18,497
Self-citationCognitive Reflection and Decision Making
Frederick, S. (2005) · Journal of Economic Perspectives · doi:10.1257/089533005775196732 · Cited by 5,256
Regret Theory: An Alternative Theory of Rational Choice Under Uncertainty
Loomes, G., & Sugden, R. (1982) · The Economic Journal · doi:10.2307/2232669 · Cited by 4,042
Extensional versus intuitive reasoning: The conjunction fallacy in probability judgment.
Tversky, A., & Kahneman, D. (1983) · Psychological Review · doi:10.1037/0033-295x.90.4.293 · Cited by 3,991
Self-citation
Metadata
- Authors
- Slovic, P., & Tversky, A.
- Venue
- Behavioral Science
- Publisher
- Wiley
- Published
- 1974-11
- Volume
- 19
- Issue
- 6
- Pages
- 368-373
- ISSN
- 1092-7026 (ISSN-L)
- 0005-7940
- 1099-1743
- OpenAlex
- W2092927190
- Cited by
- 599
- References
- 7
- FWCI
- 1.66
- Type
- journal article
- Language
- en
- Open access
- closed
About these checks
Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.
Statistics and arithmetic are recomputed, not judged.
Confidence bands are shown only for fields calibrated on our annotated test set. None is calibrated yet, so no band is shown.
What counts as a claim ›How we measure confidence ›How we check this ›
Are you an author, or do you see a problem with this page? Request a review
How to cite
Cite CoChat for the checks on this page, and the paper for its own findings.
- This page
- CoChat. (2026). Citation check: Who accepts Savage's axiom? https://app.cochat.ai/papers/10.1002/bs.3830190603
- The paper
- Slovic, P., & Tversky, A. (1974). Who accepts Savage's axiom? Behavioral Science. https://doi.org/10.1002/bs.3830190603
Data sources
Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.