Eliezer made a related point in Against discount rates. I suspect the solution may be to treat the discount/interest rate as a consequence of the economy’s existence, rather than as a hardcoded constant in your utility function.
I’m not sure I understand this. You are suggesting that I should discount the infinite torture by some constant for all t, rather than exponentially, because there’s no economy at that time? This would give a non-finite integral again, thus agreeing with my intuition.
Eliezer made a related point in Against discount rates. I suspect the solution may be to treat the discount/interest rate as a consequence of the economy’s existence, rather than as a hardcoded constant in your utility function.
I’m not sure I understand this. You are suggesting that I should discount the infinite torture by some constant for all t, rather than exponentially, because there’s no economy at that time? This would give a non-finite integral again, thus agreeing with my intuition.
Yes, I agree.