zzz comments on Just Lose Hope Already - All

47 Post author: Eliezer_Yudkowsky 25 February 2007 12:39AM

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Comment author: zzz 27 February 2007 01:31:56AM 0 points [-]

Anders, there's no obvious connection between slow discounting and irrational persistence. Slow discounting is relevant when deciding whether to undertake a sunk investment (based on its ex-ante expected return), but once the investment has been incurred the sunk cost should be ignored as having no bearing on further decisions.