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SolveIt comments on What are the most common and important trade-offs that decision makers face? - Less Wrong Discussion

10 Post author: Andy_McKenzie 03 November 2014 05:03AM

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Comment author: SolveIt 03 November 2014 02:45:42PM 3 points [-]

I believe Signalling vs Actually getting your job done is extremely pervasive and not accounted for by your list.

Comment author: Andy_McKenzie 04 November 2014 02:13:13AM 0 points [-]

I think that Signaling vs Actually doing things would map to Saving vs Savoring in the typical case that you want status in the short run via signaling ("savoring") and shifting the world more towards your values if you choose to signal less ("saving").

Comment author: Lumifer 04 November 2014 07:12:49PM 2 points [-]

No, I think these are quite different things. Signaling vs Doing is less about short-term vs. long-term and more about satisfying external/appearance requirements vs satisfying internal/actual requirements.

Comment author: Luke_A_Somers 04 November 2014 06:53:36PM 1 point [-]

Those two really need a better name. Profit-Taking vs Investment?

Comment author: Lumifer 04 November 2014 07:04:16PM *  1 point [-]

One marshmallow vs. Two marshmallows :-)

Economists would call it consumption vs. investment.

The trade-off is basically about delayed gratification.