= 27d567bc2d48d9f40e9ccc20ea370b15)
Peter_de_Blanc comments on Biased Pandemic - Less Wrong
You are viewing a comment permalink. View the original post to see all comments and the full post content.
= 783df68a0f980790206b9ea87794c5b6)
Loading…= b715d02e85f7b3b4ae65ca3d3e450868)
Subscribe to RSS Feed
Powered by Reddit
= f037147d6e6c911a85753b9abdedda8d)
You are viewing a comment permalink. View the original post to see all comments and the full post content.
Comments (35)
How does this demonstrate hyperbolic discounting?
I don't know if you've played the game. There are 4 disease, red, blue, yellow and black. "Curing red" doesn't automatically eliminate the disease - it just makes it easier to deal with, and possible to eliminate in the future (and also is part of the win condition).
Treating people who have a disease right now helps them right now. Curing red has only future benefits.
I now realise you might be asking "how does this demonstrate hyperbolic, as opposed to exponential, discounting", which might be a valid point, but hyperbolic discounting does lead to discounting the future too heavily, so the player's choices do sort of make sense.
That is what I was wondering. Actually, exponential discounting values the (sufficiently distant) future less than hyperbolic discounting. Whether this is too heavy depends on the your parameter (unless you think that any discounting is bad).
Discounting with distance, I assume. Nearby people are extremely important, while it takes 100 African cities to get his attention, etc.