Rewrite 2^(100t) as (2^100)^t = ln(2^100)e^t.
Plugging in for t=2 is giving me 2^(100t)=1.6*10^60 and ln(2^100)e^t = 512.17
Is this an error or did I read it wrong?
There are strong reasons for believing that time-discounting is exponential.
For all utility functions a human may have? What are these reasons?
Plugging in for t=2 is giving me 2^(100t)=1.6*10^60 and ln(2^100)e^t = 512.17 Is this an error or did I read it wrong?
As I described below, his math is wrong.
Yep. Sorry. Fixing it now. The impact on the results is that your time horizon depends on your discount rate.
Plugging in for t=2 is giving me 2^(100t)=1.6*10^60 and ln(2^100)e^t = 512.17
Is this an error or did I read it wrong?
For all utility functions a human may have? What are these reasons?
As I described below, his math is wrong.
Yep. Sorry. Fixing it now. The impact on the results is that your time horizon depends on your discount rate.