Your job, should you choose to accept it, is to comment on this thread explaining the most awesome thing you've done this month. You may be as blatantly proud of yourself as you feel. You may unabashedly consider yourself the coolest freaking person ever because of that awesome thing you're dying to tell everyone about. This is the place to do just that.

This is a new thread to discuss Eliezer Yudkowsky’s Harry Potter and the Methods of Rationality and anything related to it. This thread is intended for discussing chapter 94. The previous thread has passed 200 comments. 

There is now a site dedicated to the story at hpmor.com, which is now the place to go to find the authors notes and all sorts of other goodies. AdeleneDawner has kept an archive of Author’s Notes. (This goes up to the notes for chapter 76, and is now not updating. The authors notes from chapter 77 onwards are on hpmor.com.) 

The first 5 discussion threads are on the main page under the harry_potter tag.  Threads 6 and on (including this one) are in the discussion section using its separate tag system. Also: 1,  2,  3,  4,  5,  6,  7,  8,  9,  10,  11,  12,  13,  14,  15,  16,  17,  18,  19,  20,  21,  22.

Spoiler Warning: this thread is full of spoilers. With few exceptions, spoilers for MOR and canon are fair game to post, without warning or rot13. More specifically:

You do not need to rot13 anything about HP:MoR or the original Harry Potter series unless you are posting insider information from Eliezer Yudkowsky which is not supposed to be publicly available (which includes public statements by Eliezer that have been retracted).

If there is evidence for X in MOR and/or canon then it’s fine to post about X without rot13, even if you also have heard privately from Eliezer that X is true. But you should not post that “Eliezer said X is true” unless you use rot13.

I've begun to notice a pattern with experiments in behavioral economics. An experiment produces a result that's counter-intuitive and surprising, and demonstrates that people don't behave as rationally as expected. Then, as time passes, other researchers contrive different versions of the experiment that show the experiment may not have been about what we thought it was about in the first place. For example, in the dictator game, Jeffrey Winking and Nicholas Mizer changed the experiment so that the participants didn't know each other and the subjects didn't know they were in an experiment. With this simple adjustment that made the conditions of the game more realistic, the "dictators" switched from giving away a large portion of their unearned gains to giving away nothing. Now it's happened to the marshmallow test.

In the original Stanford marshmallow experiment, children were given one marshmallow. They could eat the marshmallow right away; or, if they waited fifteen minutes for the experimenter to return without eating the marshmallow, they'd get a second marshmallow. Even more interestingly, in follow-up studies two decades later, the children who waited longer for the second marshmallow, i.e. showed delayed gratification, had higher SAT scores, school performance, and even improved Body Mass Index. This is normally interpreted as indicating the importance of self-control and delayed gratification for life success.

Not so fast.

In a new variant of the experiment entitled (I kid you not) "Rational snacking", Celeste Kidd, Holly Palmeri, and Richard N. Aslin from the University of Rochester gave the children a similar test with an interesting twist.

They assigned 28 children to two groups asked to perform art projects. Children in the first group each received half a container of used crayons, and were told that if they could wait, the researcher would bring them more and better art supplies. However, after two and a half minutes, the adult returned and told the child they had made a mistake, and there were no more art supplies so they'd have to use the original crayons.

In part 2, the adult gave the child a single sticker and told the child that if they waited, the adult would bring them more stickers to use. Again the adult reneged.

Children in the second group went through the same routine except this time the adult fulfilled their promises, bringing the children more and better art supplies and several large stickers.

After these two events, the experimenters repeated the classic marshmallow test with both groups. The results demonstrated children were a lot more rational than we might have thought. Of the 14 children in group 1, who had been shown that the experimenters were unreliable adults, 13 of them ate the first marshmallow. 8 of the 14 children in the reliable adult group, waited out the fifteen minutes. On average children in unreliable group 1 waited only 3 minutes, and those in reliable group 2 waited 12 minutes.

So maybe what the longitudinal studies show is that children who come from an environment where they have learned to be more trusting have better life outcomes. I make absolutely no claims as to which direction the arrow of causality may run, or whether it's pure correlation with other factors. For instance, maybe breastfeeding increases both trust and academic performance. But any way you interpret these results, the case for the importance and even the existence of innate self-control is looking a lot weaker.

What follows is a rough outline for a possible rational financial planning sequence that was inspired by some other recent discussion here. I'm not sure how useful this would be to how many people. I know there are some LessWrongers who would enjoy and learn from this; but I don't know if there are 5, 50, or 500. If you'd like to read it, let me know. If 500 people tell me they can't wait for this, I'll probably write it. If 5 people say maybe they'll glance at it, then probably not.

Part I: Preliminaries:

    Financial Rationality
    Multiplying uncertainties
    The inside and outside views
    Interpolation is reliable; extrapolation isn't

Part II: This is important:

• Why to save for retirement
• Dying alone in a hole: the story of Jane.   
• Why compound interest is cool
• 65-year old you will not want to live like a grad student
• 65-year old you will not want to work like 35-year old you
• Existential risk does not defeat personal risk
• Existential success does not defeat personal risk

Part III: Analyzing Your Life

    (This section needs a lot more fleshing out, and thought)

    Personal satisfaction and happiness: do what you love, and adjust your financial expectations accordingly
    How much do you need to retire?
    When do you want to retire?
    How much do you need to live on today?
    Big expenses you need to plan for
    Increasing Income
    College the best financial decision you'll ever make or the worst?
    Choosing a career: what is your comparative advantage?
    Switching careers
    Career Decisions
        equity vs salary; steady singles or home run hitter
        employee or owner
    Career Tactics
        Salary negotiation
        promotion
        when to change jobs
    Cutting Expenses
    Save more tomorrow
    Inheritance

Part IV: The Practical How-to Advice:

Emergency Cash
Credit cards: the good, the bad, and the criminal
Banking
Where to save (tax advantaged accounts)
The importance of fees
401K matching: the highest return you'll ever see
Social Security
Pensions
What to invest in (index funds)
    diversification
    stock vs bond funds
    domestic vs. international
    target retirement funds
    Comic books are not a retirement plan (but a comic book store might be)
   
Avoiding hucksters and doomsayers
Investment Advisors
What if the shit hits the fan?
Can smart, rational investors beat the market?
Good debt; bad debt
Cars and other expensive purchases
Cutting out the middleman: making money on Craig's list, amazon, eBay and AirB&B
Buying a house
Renting vs. owning a house; rental parity
Student loans
Health Insurance
Life Insurance
Auto Insurance
Your Spouse: the most important financial decision you'll ever make
    Diamonds are forever, but most women would rather have a house.
    One or two incomes?
    Live longer, be happier, get married

Children
Charity

If there are any topics you'd like to see covered that aren't here (wills? lawyers? the financial press?), let me know. Similarly, if you think there's a section that doesn't belong and should be dropped, let me know that too.

One caveat: while some sections are fairly generic, others will be very U.S. centric. The most specific advice will not be applicable to non-U.S. citizens and residents. That does limit the audience, but there's not too much I can do about that. Perhaps if it's successful I can seek out co-authors to do UK, Canadian, or other country editions.

A question for people who are interested in financial planning material: If this were available as a complete book (electronic and paper) today, how likely do you think it is that you would buy this book instead of one of the other available books on the subject? What would you pay for such a book?  If this were available as both a book and a sequence on LessWrong, how might that change your decision?

For now, this discussion thread is just a minimum viable product (MVP) to find out if a sequence is worth the time it would take me to complete. If the MVP pans out, I'll write and post one or two of these chapters to further gauge interest. If the MVP doesn't look promising, I'll drop it and move on to my next book idea.

By now the Trolley Problem is well known amongst moral philosophers and LessWrong readers. In brief, there's a trolley hurtling down the tracks. The dastardly villain Snidely Whiplash has tied five people to the tracks. You have only seconds to act. You can save the five people by throwing a switch and transferring the trolley to another track. However the evil villain has tied a sixth person to the alternate track. Should you throw the switch?

When first presented with this problem, almost everyone answers yes. Sacrifice the one to save five. It's not a very hard choice.

Now comes the hard question. There is no switch or alternate track. The trolley is still coming down the tracks, and there are still five people tied to it. You are instead standing on a bridge over the tracks. Next to you is a fat man. If you push the man onto the tracks, the trolley car will hit him and derail, saving the five people; but the fat man will die. Do you push him?

This is a really hard problem. Most people say no, they don't push. But really what is the difference here? In both scenarios you are choosing to take one life in order to save five. It's a net gain of four lives. Especially if you call yourself a utilitarian, as many folks here do, how can you not push? If you do push, how will you feel about that choice afterwards?

Try not to Kobayashi Maru this question, at least not yet. I know you can criticize the scenario and find it unrealistic. For instance, you may say you won't push because the man might fight back, and you'd both fall but not till after the trolley had passed so everyone dies. So imagine the fat man in a wheelchair, so he can be lightly rolled off the bridge. And if you're too socially constrained to consider hurting a handicapped person, maybe the five people tied to the tracks are also in wheelchairs. If you think that being pushed off a bridge is more terrifying than being hit by a train, suppose the fat man is thoroughly anesthetized. Yes, this is an unrealistic thought experiment; but please play along for now.

Have your answer? Good. Now comes the third, final, and hardest question; especially for anybody who said they'd push the fat man. There is still no switch or alternate track. The trolley is still coming down the tracks, and there are still five people tied to it. You are still standing on a bridge over the tracks. But this time you're alone and the only way to stop the train is by jumping in front of it yourself. Do you jump? If you said yes, you would push the fat man; but you won't jump. Why?

Do you have a moral obligation to jump in front of the train? If you have a moral obligation to push someone else, don't you have a moral obligation to sacrifice yourself as well? or if you won't sacrifice yourself, how can you justify sacrificing someone else? Is it morally more right to push someone else than jump yourself? I'd argue the opposite...

Realistically you may not be able to bring yourself to jump. It's not exactly a moral decision. You're just not that brave. You accept that it's right for you to jump, and accept that you're not that moral. Fine. Now imagine someone is standing next to you, a skinny athletic person who's too small to stop the train themselves but strong enough to push you over into the path of the trolley. Do you still think the correct answer to the trolley problem is to push?

If we take it seriously, this is a hard problem. The best answer I know is Rawlsianism. You pick your answer in ignorance of who you'll be in the problem. You don't know whether you're the pusher, the pushed, or one of the people tied to the tracks. In this case, the answer is easy: push! There's a 6/7 chance you'll survive so the selfish and utilitarian answers converge.

We can play other variants. For instance, suppose Snidely kidnaps you and says "Tomorrow I'm going to flip a coin. Heads I'll put you on the tracks with 4 other people (and put a different person on the bridge next to the pusher). Tails I'll put you on the bridge next to a pusher." Should the pusher push? Actually that's an easy one because you don't know where you'll end up so you might as well save the four extra people in both scenarios. Your expected value is the same and everyone else's is increased by pushing.

Now imagine Snidely says instead he'll roll a die. If it comes up 1-5, he puts six people including you on the track. If it comes up 6, he lets you go and puts the other five people on the track. However if you agree to be tied to the track without a roll, without even a chance of escape, he'll let the other five people go. What now? Suppose he rolls two dice and they both have to come up 6 for you to go free; but he'll still let everyone else go if you agree. Will you save the other five people at the cost of a 1/36 chance of saving your own life? How about three dice? four? How many dice must Snidely roll before you think the chance of saving your own life is outweighed by the certainty of saving five others? 

Do you have your answers? Are you prepared to defend them? Good. Comment away, and you can even Kobayashi Maru the scenario or criticize the excessively contrived hypotheticals I've posed here. But be forewarned, in part 2 I'm going to show you an actual, non-hypothetical scenario where this problem becomes very real; indeed a situation I know many LessWrong readers are facing right now; and yes, it's a matter of life and death.

Update: It now occurs to me that the scenario can be tightened up considerably. Forget the bridge and the fat man. They're irrelevant details. Case 1 is as before. 5 people on one track, 1 on another. Pull the switch to save the 5 and kill the 1. Still not a hard problem.

Case 2: same as before, except this time you are standing next to the one person tied to the track who will be hit by the trolley if you throw the switch. And they are conscious, can talk to you, and see what you're doing. No one else will know what you did. Does this change your answer, and if so why?

Case 3: same as before, except this time you are the one person tied to the track who will be hit by the trolley if you throw the switch.

Folks here are being refreshingly honest. I don't think anyone has yet said they would throw the switch in case 3, and most of us (myself included) are simply admitting we're not that brave/altruistic/suicidal (assuming the five people on the other track are not our friends or family). So let's make it a little easier. Suppose in case 3 someone else, not you, is tied to the track but can reach the switch. What now?

Update 2: Case 4: As in case 3, you are tied to the track, five other unrelated people are tied to the opposite track, and you have access to a switch that will cause the trolley to change tracks. However now the trolley is initially aimed at you. The five people on the other track are safe unless you throw the switch. Is there a difference between throwing the switch in this case, and not throwing the switch in Case 3?

This case also raises the interesting question of legality. If there are any lawyers in the room, do you think a person who throws the switch in case 4--that is, saves themselves at the cost of five other lives--could be convicted of a crime? (Of course, the answer to this one may vary with jurisdiction.) Are there any actual precedents of cases like this?