CarlShulman comments on On dollars, utility, and crack cocaine - Less Wrong

13 Post author: PhilGoetz 04 April 2009 12:00AM

You are viewing a comment permalink. View the original post to see all comments and the full post content.

Comments (97)

You are viewing a single comment's thread. Show more comments above.

Comment author: CarlShulman 05 April 2009 12:30:15AM *  2 points [-]

Thanks for the link, although it's addressing related but different issues. A hyperbolic discounter can assent to 'locking in' a fixed mapping of times and discount factors in place of the indexical one. Then the future selves will agree about the relative value of stuff happening at different times, placing highest value on the period right after the lock-in.