Toggle comments on Open thread, Mar. 2 - Mar. 8, 2015 - Less Wrong Discussion
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Comments (155)
Woody Allen on time discounting and path-dependent preferences:
The rationality gloss is that a naive model of discounting future events implies a preference for ordering experiences by decreasing utility. But often this ordering is quite unappealing!
A related example (attributed to Gregory Bateson):
A simiar one by Vonnegut: