Robin, I mentioned hyperbolic discounting above. Why do we have evolved pure time preference rather than just discounting for risk, return on investment, etc? If tweaking motives requires fewer independent changes than a massive improvement in our ability to reason about and predict the future, then evolution will do the former.
Robin, I mentioned hyperbolic discounting above. Why do we have evolved pure time preference rather than just discounting for risk, return on investment, etc? If tweaking motives requires fewer independent changes than a massive improvement in our ability to reason about and predict the future, then evolution will do the former.