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Pfft comments on Faustian bargains and discounting - Less Wrong Discussion

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

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Comment author: Pfft 30 January 2012 04:21:17PM 1 point [-]

a hyperbolic discounter at heart

Well, according to experiments we all are, right? So maybe you could turn this around and say that the reason humans don't like Faustian bargains is that we discount hyperbolically -- and that a hypothetical race of Vulcans whose utility function is exponential would find the bargain intuitively appealing.