Khoth comments on Does Hyperbolic Discounting Really Exist? - Less Wrong

19 Post author: gwern 03 December 2011 03:07AM

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Comment author: Khoth 03 December 2011 08:08:17PM 3 points [-]

Subscriptions to services that are cheap for an initial period then get expensive might be a case of preference reversal. People often sign up for them intending to re-evaluate after the introductory period, but when the time comes start procrastinating about it.