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cousin_it comments on Faustian bargains and discounting - Less Wrong Discussion

12 Post author: RolfAndreassen 29 January 2012 05:10AM

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Comment author: cousin_it 29 January 2012 11:51:24PM *  4 points [-]

Eliezer made a related point in Against discount rates. I suspect the solution may be to treat the discount/interest rate as a consequence of the economy's existence, rather than as a hardcoded constant in your utility function.

Comment author: RolfAndreassen 30 January 2012 05:01:12AM 0 points [-]

I'm not sure I understand this. You are suggesting that I should discount the infinite torture by some constant for all t, rather than exponentially, because there's no economy at that time? This would give a non-finite integral again, thus agreeing with my intuition.

Comment author: cousin_it 30 January 2012 06:44:41AM *  0 points [-]

Yes, I agree.