What are the competing explanations for high time preference?
A better way to phrase my confusion: How do we know the current time preference is higher than what we would see in a society that was genuinely at peace?
The competing explanations I was thinking of were along the lines of “we instinctively prefer having stuff now to having stuff later”
A better way to phrase my confusion: How do we know the current time preference is higher than what we would see in a society that was genuinely at peace?
The competing explanations I was thinking of were along the lines of “we instinctively prefer having stuff now to having stuff later”