I'm not sure you need uncertainty to discount at all - in finance exponential discounting comes from interest rates which are predicated on an assumption of somewhat stable economic growth rather than deriving from uncertainty.
As you point out, hyperbolic discounting can come from combining exponential discounting with an uncertain hazard rate. It seems many of the studies on hyperbolic discounting assume they are measuring a utility function directly when they may in fact be measuring the combination of a utility function with reasonable assumptions abou...
Do any of the studies on hyperbolic discounting attempt to show that it is not just a consequence of combining uncertainty with something like a standard exponential discounting function? That's always seemed the most plausible explanation of hyperbolic discounting to me and it meshes with what seems to be going on when I introspect on these kinds of choices.
Most of the discussions of hyperbolic discounting I see don't even consider how increasing uncertainty for more distant rewards should factor into preferences. Ignoring uncertainty seems like it would be a sub-optimal strategy for agents making decisions in the real world.
There's room for debate whether we saw a true currency crisis in the Euro but 'this prediction has failed utterly' is overstating it. We saw unusually dramatic short term moves in the Euro in May and there was widespread talk about the future of the Euro being uncertain. Questions about the long term viability of the Euro continue to be raised.
I'd argue that charting any of the major currencies against gold indicates an ongoing loss of confidence in all of them - from this perspective the dollar and the euro have both declined in absolute value over the y...
According to this article a sense of vibration and rapid acceleration of the body are fairly commonly reported (I don't recall experiencing these symptoms myself). That article and the Wikipedia entry both mention some of the mythology and folklore surrounding the experience from different cultures.
Paleo diets generally consider corn a grain so you might want to avoid that. Some paleo variants (like the one I'm currently following) are ok with cheese and yogurt in moderation (and butter).
I would guess this is not true in general since many things do not want to be eaten and so evolve various defense mechanisms. In turn the organisms that eat them may develop counter-measures that enable them to safely digest their meal despite the defense mechanisms but this will depend on the complex evolutionary history of both organisms. Ruminants are adapted to a quite different diet than humans for example.
I wonder why an apple should be healthy. Wouldn't any animal be satisfied with a fruit that just had calories? Enough, in any case, to come back for more and scatter the seeds? Why should an apple -- or anything 'natural' -- be so especially healthy for humans?
You're missing the other side of the story. Humans evolved to obtain their nutritional needs from those foods that were available in the EEA and this effect is probably more significant than the selection pressure in the other direction (on fruits to be nutritionally beneficial to animals that eat them). Humans are adapted to a diet that includes things that were available to them during the long pre-agricultural evolutionary period.
You're probably right but ironically I've ignored much of the standard advice on employment and it's worked out just fine for me so this example doesn't resonate very well for me. I've never worn a suit to a job interview for example.
I assumed he was saying something like "the majority of women prefer a man more 'masculine' than the median man". By analogy, if it is true that "the majority of men prefer a woman who is slimmer than the median woman" it should be obvious that being overweight will make it harder for a woman to find a match even if there are men who prefer less slim women. Saying "men prefer slim women" is a slightly sloppy generalization but not an unreasonable one in this example.
This confuses me, because it seems to imply that men need to believe that a simple personality heuristic can be applied to all or almost all women. Why is it an unacceptable answer that some women like one thing, and some like another?
The prevalence of different personality types in the population is very relevant here and you seem to be glossing over it. If the number of women attracted to your personality type is relatively low (and especially if it is low relative to the number of other men similar to you) it will still be an obstacle you need to ove...
I think there's a bit more to it than just women overlooking a lack of values because of other attractive factors like confidence. There's some evidence that men with the 'dark triad' personality traits are more successful with women.
I wonder how many potential matches know enough maths to realize why he used powers of two?
A dealbreaker is something that on its own automatically rules someone out. A factor is something that swings the overall impression positively or negatively but is not on its own a deciding factor independent of other factors.
I agree the choices aren't ideal but I think "likes children", "dislikes children" and "doesn't want children" all match a search for "Doesn't have children" whereas leaving the question blank or answering that you have children means you won't show up in a search that specifies "Doesn't have children". It's a bit confusing and not a very logical setup but I think that's how it works.
I've left the "children" field blank, for example, because I don't want them now but might some day, so neither "wants" nor "doesn't want" is correct.
I think this might be a mistake. I usually specify "Doesn't have children" when I do a match search and I'd guess this is fairly common. If you leave this question blank I believe you won't show up for people who are filtering on that search criteria.
Historically, global population increase has correlated pretty well with increases in measures of overall health, wealth and quality of life. What empirical evidence do you derive your theory that zero or negative population growth would be better for these measures from?
I just don't see any practical examples of people successfully betting by doing calculations with probability numbers derived from their intuitive feelings of confidence that would go beyond what a mere verbal expression of these feelings would convey. Can you think of any?
I'd speculate that bookies and professional sports bettors are doing something like this. By bookies here I mean primarily the kind of individuals who stand with a chalkboard at race tracks rather than the large companies. They probably use some semi-rigorous / scientific techniques t...
I expected the third to be higher than most less wrongers would estimate.
In reality, it is rational to bet only with people over whom you have superior relevant knowledge, or with someone who is suffering from an evident failure of common sense.
You still have to be able to translate your superior relevant knowledge into odds in order to set the terms of the bet however. Do you not believe that this is an ability that people have varying degrees of aptitude for?
Look at the stock market: it's pure gambling, unless you have insider knowledge or vastly higher expertise than the average investor.
Vastly higher expertise than ...
It's true that artificial sweeteners mean you can get a sweet taste without consuming calories. Beware the conclusion that they therefore don't cause you to gain weight or have other negative health effects though. There's plenty of evidence to the contrary.
I agree that eating healthily doesn't mean having to deprive yourself of all delicious fo... (read more)