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David_Gerard comments on Which cognitive biases should we trust in? - Less Wrong Discussion

17 Post author: Andy_McKenzie 01 June 2012 06:37AM

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Comment author: David_Gerard 01 June 2012 03:56:30PM 4 points [-]

Hyperbolic discounting appears to be what people natively use

As I understand it, hyperbolic discounting appears to be what WEIRDs use. Are there replicated studies on other groups?

Comment author: ciphergoth 02 June 2012 10:41:36AM *  5 points [-]

It's very well established in pigeons and rats. eg http://www.ncbi.nlm.nih.gov/pmc/articles/PMC2648524/

Comment author: David_Gerard 02 June 2012 09:03:33PM 0 points [-]

Aha, thank you!

Comment author: Vaniver 01 June 2012 04:55:30PM 2 points [-]

I have not investigated that. I would expect that hyperbolic discounting is common, since it looks way easier to calculate.

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