A rationalist sits down next to an attractive woman at the bar.
He asks “are you familiar with immediate reward bias?”
“No,” she responds.
“Well, people tend to place irrationally high value on immediate rewards, relative to future rewards. So, for example, they might prefer $50 today over $55 next week. This is a bias that a more rational person can take advantage of in trade negotiations. Unfortunately, I am an impatient person. With that in mind, I have an offer for you. If you agree to have sex with me ONCE tonight, I will agree to have sex with you TWICE next week.”
I don’t exactly know what I am required to say in order for you to have intercourse with me. But could we assume that I said all that. I mean essentially we are talking about fluid exchange right? So could we go just straight to the sex.
Reminds me of the “standard wager” between Marshall and Lily in How I Met Your Mother: “If [I win] we’ll have sex in the bathroom, but if [you win] we’ll have sex in the bathroom.”
A rationalist sits down next to an attractive woman at the bar.
He asks “are you familiar with immediate reward bias?”
“No,” she responds.
“Well, people tend to place irrationally high value on immediate rewards, relative to future rewards. So, for example, they might prefer $50 today over $55 next week. This is a bias that a more rational person can take advantage of in trade negotiations. Unfortunately, I am an impatient person. With that in mind, I have an offer for you. If you agree to have sex with me ONCE tonight, I will agree to have sex with you TWICE next week.”
From “A Beautiful Mind”:
Reminds me of the “standard wager” between Marshall and Lily in How I Met Your Mother: “If [I win] we’ll have sex in the bathroom, but if [you win] we’ll have sex in the bathroom.”
but discount rates don’t have anything to do with rationality...